LATEST NEWS

Tax consequences of loans to employees
An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference
Employing staff for first time
There are a multitude of rules and regulations that you must be aware of when you start employing staff for
HMRC awards £5.5m in grant funding
HMRC’s has awarded twelve voluntary and community sector organisations a share of £5.5 million in funding to help customers with
Obtaining the HMRC mobile app
HMRC’s free tax app is available to download from the App Store for iOS and from the Google Play Store
Helpline delays at HMRC
HMRC’s self-assessment (SA) helpline will focus on priority queries from 11 December until 31 January. Whilst the helpline is focusing
Investment v costs
There are two ways to consider the effects or benefits of business and personal expenditure. The payment of rates or
Season’s greetings and a prosperous 2024
As Christmas arrives the week before the calendar year-end, many of us will enjoy a week’s shut down and have
Tax Diary January/February 2024
1 January 2024 - Due date for Corporation Tax due for the year ended 31 March 2023. 19 January 2024
CGT exempt allowance halving from April 2024
The annual exempt amount applicable to Capital Gains Tax (CGT) is to be halved from April 2024. This means that
Changes to NIC from January 2024
A reminder that the main rate of Class 1 Employee National Insurance contributions (NIC) will be reduced from 6 January
Employees on full-time and part-time contracts
When a new employee is added to the payroll it is the employer's responsibility to ensure they meet the employee's
Rent-a-room relief
The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home. If you