Expenses and benefits deadline looms
Expenses and benefits not payrolled for the 2016/17 tax year will need to be reported to HMRC by 6 July 2017. Employers can report them… Read More »Expenses and benefits deadline looms
Tax
Personal Tax Planning
How individuals and families can save taxes in 2017/18. The UK tax system provides reliefs and allowances to encourage you to spend or invest in… Read More »Personal Tax Planning
Employee Benefits
A guide for employees on the tax implications of accepting common employee benefits. Most employers provide a range of benefits in kind to their employees.… Read More »Employee Benefits
Tax Card 2017/18
Tax Card 2017/18 Taxable Income Bandes and Tax Rates 2017/18 2016/17 Starting rate of 0% on savings up to £5,000* £5,000* Basic rate band… Read More »Tax Card 2017/18
Firms Prepare for Making Tax Digital…
Businesses will be given at least 12 months to prepare for the transition to digital tax accounts. Businesses, self-employed people and landlords will need to… Read More »Firms Prepare for Making Tax Digital…
Defined contribution pensions and tax
A guide to the tax implications of accessing your pension. After decades of contributing to a defined contribution pension and watching it grow, there comes… Read More »Defined contribution pensions and tax
Self-assessment reminder
Self-assessment reminder The deadline to submit your online tax return for 2015/16 is no later than midnight on 31 January 2017. Here are the 5… Read More »Self-assessment reminder
Inheritance tax and the residence nil-rate band
A detailed guide to the residence nil-rate band for inheritance tax. The rise in property prices throughout the UK means that even those with modest… Read More »Inheritance tax and the residence nil-rate band
Employee benefits and rewarding staff
A guide to rewarding your staff and the tax treatment of employee benefits. Many of us do not really think about the commitment that employees… Read More »Employee benefits and rewarding staff
Businesses pay £44 billion in corporation tax
Businesses paid £44.4 billion in corporation tax in 2015/16, according to figures from HMRC. This is an increase of 3% from the £43 billion collected… Read More »Businesses pay £44 billion in corporation tax