Yearly Archives: 2023


Autumn Statement 2023

Event date: 1st Jan 1970

Autumn Statement 2023 On Wednesday 22nd November 2023, the Chancellor, Jeremy Hunt unveiled his Autumn Statement. If you have any questions regarding any of the announcements made in…

Autumn Statement 2023
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Charging electric cars at ho...

Event date: 1st Jan 1970

HMRC have recently clarified their view of the tax treatment of the reimbursement of electricity costs where employees charge their electric company cars at home. HMRC now accepts…

Charging electric cars at home – a change in the rules
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Trivial benefits – to tax or...

Event date: 1st Jan 1970

The trivial benefits legislation came into force on 6 April 2016 and allows employers to provide trivial benefits to employees without the employee incurring tax liabilities. However, for…

Trivial benefits – to tax or not to tax?
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Associated company rules – I...

Event date: 1st Jan 1970

It is eight years since companies had to deal with two tax rates and marginal relief when calculating their corporation tax liability. That system has now been reinstated…

Associated company rules – Implications post 1 April 2023 on the amount of tax and payment dates
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VAT – Exceeding threshold te...

Event date: 1st Jan 1970

Most business owners are aware that VAT registration is a legal requirement should total taxable turnover for the previous 12 months exceed £85,000 or turnover is expected to…

VAT – Exceeding threshold temporarily – What can be done?
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Mortgage interest tax relief...

Event date: 1st Jan 1970

There are different tax reliefs available, that depend upon the type of property letting business. This may be a serious consideration, particularly as landlords coming to the end…

Mortgage interest tax relief – a re-cap
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Relief for pre-trading expen...

Event date: 1st Jan 1970

In setting up a trade it is inevitable that expenses will be incurred before the trade actually commences and income is received. Expenses may be incurred on acquiring…

Relief for pre-trading expenses
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Separating couples and child...

Event date: 1st Jan 1970

The High-Income Child Benefit Charge (HICBC) was introduced in 2013 to stop those with higher earnings, from receiving entitlement to child benefit. The charge applies where the claimant…

Separating couples and child benefit
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Development comes first at C...

Event date: 1st Jan 1970

By Caroline Pigg, Recruitment and Training Advisor At Clive Owen LLP, we believe that supporting and upskilling our teams is crucial to our success. In my role as…

Development comes first at Clive Owen LLP
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