Car vs Van – Tax treatment of electric vehicles - June 2023
There have been several important tax decisions previously regarding the difference between vans and cars, but how do the different …
Businesses must get to grips with a Government crackdown on fraud committed by employees - May 2023
A new ‘failure to prevent fraud’ offence is being introduced by the Government to encourage businesses to do more to …
Striking the perfect balance: Director’s salary and dividends for 2023/24 - May 2023
As a business owner, determining the ideal salary for company directors can be tricky. Often, most directors will want to …
683,000 higher rate taxpayers opt out of child benefit as thresholds remain frozen - May 2023
The High Income Child Benefit Charge (HICBC) was introduced in 2013 and was set up to charge tax on individuals …
Landlords are latest group targeted by HMRC ‘nudge’ letters - May 2023
Residential landlords are the latest group to have been targeted in receiving ‘nudge’ letters from HM Revenue & Customs (HMRC). …
What is the Residence Nil-Band Rate? And why does it matter to you? - May 2023
The Residence Nil Band Rate (RNRB) was introduced by the Government in 2017 and benefits families passing on their main …
Fiscal drag bites on earners - May 2023
Changes to personal tax allowances and higher interest rates have seen a growing number of people being affected by fiscal …
P11D – Are you ready to report and pay tax on Benefits in Kind? - May 2023
Benefits in Kind (BIK) cover a number of different perks or additional payments made by employers to their employees. They …
