New Finance Bill to be published
The government has confirmed that a new Finance Bill will be introduced as soon as possible after the ... read more
Making Tax Digital – common sense prevails
A new timetable for the introduction of Making Tax Digital (MTD) has been announced. The new regime was ... read more
Class 1 NICs zero rate band
Many director shareholders take a minimum salary and any balance of remuneration as dividends. This tends ... read more
Employed or self-employed?
Working out whether you are an employee or self-employed can be a tricky business and HMRC’s view can ... read more
Changes to deemed domicile rules
In July 2015, the then Chancellor George Osborne announced a series of reforms to the non-domicile rules. ... read more
Gift Aid donations only available to taxpayers
The Gift Aid scheme is available to all UK taxpayers, but in order to sign up to the Gift Aid scheme when ... read more
Rangers EBT kicked into touch
The Supreme Court has ruled in favour of HMRC over a long running tax avoidance case against a former ... read more
Future changes to Corporation Tax?
The Office of Tax Simplification (OTS) provides independent advice to the government on simplifying the ... read more
Online filing exclusions for 2016-17
HMRC’s list of exclusions from online filing for 2016-17 continues to multiply. The list of exclusions ... read more
VAT relief on building a new home
The VAT DIY Housebuilders scheme is a special scheme that enables homeowners building a home to benefit ... read more
Furnished holiday lettings
The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditions ... read more
The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their ... read more
No benefits but still need to file a form?
As many of our readers will be aware, new payroll legislation on the treatment of certain business ... read more
Directors may not have to file a tax return
A recent First Tier Tribunal case examined whether a company director had an obligation to submit a Self ... read more
Taxman and the shed
One of the most often used and valuable of the Capital Gains Tax (CGT) exemptions covers the sale of the ... read more
Bricklayer turned accountant is jailed
An Essex based financial adviser has admitted tax fraud and has been jailed for five years. He set ... read more
NMW and LW penalties for non-compliance
There are penalties for employers who don’t pay staff what they are legally entitled to under the ... read more
Tax-free loans to employees
Employees can obtain a tax-free benefit when provided with an employment-related cheap or interest-free ... read more
What is the best way to extract funds from your company?
Director shareholders are wont to ensure that they pay the lowest amount of tax and NIC consistent with ... read more
Implementing a Cycle to Work Scheme
The Cycle to Work scheme was introduced in 1999 to help promote a healthy commute to work.
The scheme ... read more
Tax-free employee suggestion schemes
Do you have an employee suggestion scheme in place? There are still commercial and tax advantages to ... read more
Swapping salary for pension benefits
Employers and employees may have noticed that HMRC has clamped down on the tax and NIC benefits of some ... read more
Are pension benefits received taxable?
As our readers are most likely aware, there are special rules which allow individuals who set up private ... read more
What does the Queen’s Speech mean for employment law?
With the General Election having returned a minority government and with the government’s priority being ... read more