07Mar
New advisory fuel rates from March
HM Revenue & Customs have announced new fuel rates for company cars, which apply to all journeys on or after 1 March 2018, until further notice. For one month from […]
Blog
28Feb
R&D tax relief on reimbursed expenses
Companies can claim enhanced deductions against taxable profits for qualifying R&D expenditure. HM Revenue & Customs (HMRC) had previously stated that reimbursed expenses could not be included as part of […]
26Feb
Implications of HMRC’s “IR35” victory
A former BBC presenter is facing a large tax bill after a recent tax tribunal ruled in favour of HMRC, following a five-year dispute. As the first IR35 victory for […]
23Feb
Important Information for Trustees – does your Trust need to be registered by 5 March?
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26 June 2017; these Regulations bring the EU’s Fourth Money Laundering […]
23Feb
Stamp Duty Land Tax
The pace of house price rises may be slowing, but more and more homebuyers are having to pay stamp duty land tax (SDLT). HM Revenue & Customs (HMRC) saw […]
21Feb
Regional use of the EIS lags behind the South East
The EIS (Enterprise Investment Scheme) is designed to encourage investment into UK businesses and it is one of the only Government-backed tax incentive schemes open to SMEs and new start-up […]
19Feb
Understanding the new rules for PILONs (Payment in Lieu of Notice)
A PILON is a payment made to an employee when their employment is terminated without notice (ie in lieu of the employee working through a notice period and receiving pay […]
16Feb
Minimum Pension Contribution Increases to come into effect this April
The minimum auto enrolment pension contributions are set to increase this April, and again in April 2019. The minimum contribution will increase from 2% to 5%. Employers must contribute a […]
15Feb
National Minimum Wage set to go up from 1 April 2018
The National Living Wage and Minimum wage will change on 1 April when new rules announced in 2017 come into effect. 1 April will also see an increase to the […]
14Feb
Empty Dwelling Renovation
Contractors carrying out the renovation of dwellings that have been empty for two years or more can still apply the VAT reduced rate of 5%. Although this has been in […]
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