At last! More flexibility is now available to fathers and partners taking Statutory Paternity Leave (SPL) in England, Scotland and Wales. These welcome changes apply to leave taken for expected…
Read More
While today’s Budget was not full of surprises, there were several announcements that taxpayers and businesses should be aware of. You’ll see our handy summary of the key points below….
The payment deadline for self-assessment tax is due on 31 January. Any unpaid amount is subject to interest charges and penalties. There’s still time to avoid unnecessary payments! Rising interest…
Do you have an Etsy shop for your crafty products? Do you rent your spare room via Airbnb or a similar platform? Maybe you sell second-hand products on eBay? If…
Employers need to be ready for April – both the national living wage and the national minimum wage rates are to increase. “The rise in wages affects employers’ finances and…
Big changes to legislation have reduced the viability of renting properties in recent years. Some landlords have applied a tax avoidance scheme to reduce the tax payable on profits generated…
HMRC is to write to accountants and non-represented individuals advising them that HMRC records show that they have not paid VAT or submitted returns. Any unpaid tax should be disclosed,...
Read More
Even the most vigilant of us can be caught out by scammers – fake communication asking for information or money. Scammers have recently been impersonating HMRC, fictitiously demanding tax payments…
The tax implication of charging company electric vehicles (EV) at home has changed. The revised guidance applies to the cost of charging company-owned electric cars and vans at residential properties….
In August, the Bank rate set by the Bank of England reached a 15 year high, rising from 5% to 5.25%. Whilst scary for mortgage payers, this is welcome news…
