January 4, 2017 0 Comments

  Date What’s Due   1/01   Corporation tax payment for year to 31/3/16 (unless quarterly instalments apply)   19/01   PAYE & NIC deductions, and CIS return and tax, for month to

January 4, 2017 0 Comments

  These are the suggested reimbursement rates for employees' private mileage using their company car from 1 December 2016. Where there has been a change the previous rate is shown in brackets. Engine

January 4, 2017 0 Comments

  As covered in the Autumn Statement newsletter a new VAT flat rate of 16.5% applies from 1 April 2017 for “limited cost traders”. This is being introduced as HMRC believe that the

January 4, 2017 0 Comments

  One of the features of the new inheritance tax rules for passing on the family home is that the relief is protected even when you downsize to a smaller property. For example

January 4, 2017 0 Comments

  New inheritance tax rules for passing on the family home start on 6 April 2017 and many people have a New Year’s Resolution to either make a Will or update their Wills.

January 4, 2017 0 Comments

  New tax-free childcare accounts were announced in 2014 to replace the employer-provided childcare voucher scheme. Introduction has been delayed by legal disputes with organisations involved in administering the existing scheme, but the

January 4, 2017 0 Comments

  Whilst on the subject of tax free allowances remember that there is a further £7,500 a year allowance deducted from rent received from lodgers where you rent out part of your main

January 4, 2017 0 Comments

  In addition to the current £5,000 tax free dividend allowance and the personal savings allowance of up to £1,000 there will be two further tax free allowances starting from 6 April 2017.

January 4, 2017 0 Comments

  In his Autumn Statement the Chancellor announced that the Government will implement significant changes to the taxation of workers providing their services to the public sector through their own company or via

January 3, 2017 0 Comments

SMEs need to go digital or will face HMRC fines 2017 will see the biggest shake-up in tax reporting since the introduction of self-assessment as the government finally publishes proposals to make SMEs