Salary sacrifice – a recap
Date posted: 17th Oct 2023
Salary sacrifice is an arrangement whereby an employee reduces their salary in return for another form of benefit. The reduction in salary will mean less tax and national…
Date posted: 17th Oct 2023
Salary sacrifice is an arrangement whereby an employee reduces their salary in return for another form of benefit. The reduction in salary will mean less tax and national…
Date posted: 17th Oct 2023
The next few months are an important time of year for tax planning. For some PAYE employees, they may be entitled to a bonus depending upon company performance….
Date posted: 21st Sep 2023
It has been recently announced that the Chancellor will host his autumn statement on 22 November 2023. It will be interesting to hear the thoughts of the Chancellor…
Date posted: 20th Sep 2023
Donations to charities, under the gift aid scheme, allow the charity to reclaim some of the tax paid by the donor. If an individual donates £80 to a…
Date posted: 20th Sep 2023
If you make a capital gain on the sale of a UK residential property, you will need to report the gain to HMRC within 60 days of the…
Date posted: 20th Sep 2023
VAT registration is compulsory for any UK established persons who are in business and make or intend to make taxable supplies should either one of the following tests…
Date posted: 20th Sep 2023
HMRC statistics show that the majority of tax returns are filed in the two months before the deadline for filing the tax return. If you need to file…
Date posted: 20th Sep 2023
A recent challenge at a tax tribunal could pave the way for employers and employees to save national insurance where they offer a car allowance instead of a…
Date posted: 11th Sep 2023
Research and Development (R&D) is a hot topic in the tax profession at the moment, with HMRC clamping down on fraudulent claims. As a consequence of this, we…
Date posted: 21st Aug 2023
The term “stealth tax” is usually used by the media or political parties (regardless of persuasion) as a term to explain how taxes can be unknowingly paid or…