HMRC issues extension to deadline for voluntary National Insurance contributions
15 Jun 2023
The Government has recently announced an extension to the deadline for individuals to pay voluntary National Insurance contributions (NICs), in a move that will benefit thousands of people across the country.
New HMRC service allows businesses to set up online payment plans for VAT owed
13 Jun 2023
HM Revenue & Customs (HMRC) have recently confirmed that businesses that owe less than VAT £20,000 can now set up a payment plan online.
The ins and outs of pre-notification of R&D claims
12 Jun 2023
The UK Government has long encouraged businesses to invest in Research & Development (R&D) projects, believing it to be at the forefront of economic growth. R&D tax reliefs are, therefore, lucrative and aimed at both Small and Medium Sized Enterprises
Constantly asked for pay rises? Here is what you need to know about pay in the UK
12 Jun 2023
As an employer, you will likely face the delicate situation of employees asking for pay rises. With the cost-of-living crisis and rise in inflation, these requests will have become more frequent as people look to keep up with spiralling living
Changes to free childcare, but higher earners will still miss out
12 Jun 2023
In the Spring 2023 Budget, the Government laid out plans to shake up the current free childcare system – but many higher earners will be disappointed to find that the changes keep them excluded from the scheme. The existing childcare
Trivial benefits in kind and the advantages they give to employers
12 Jun 2023
It is important for employees to feel valued in the workplace. A lot of the time, it is the little things that employers can provide to their staff that have the most substantial impact. One such ‘little thing’ is the
Late interest penalties hit 1.4 million taxpayers – and it could get worse
12 Jun 2023
The 2020/21 tax year saw 1.4 million people charged interest on overdue tax payments – a 15 per cent increase on pre-pandemic figures. The data was released after a Freedom of Information request by investment platform, AJ Bell, but this
Roadside charging – How to account for credit card payments
12 Jun 2023
With a growing number of company car owners using electric vehicles, many are deciding or being permitted to use company credit cards to pay for roadside charging. However, what are the implications of this for the employee and business alike?
Car vs Van – Tax treatment of electric vehicles
12 Jun 2023
There have been several important tax decisions previously regarding the difference between vans and cars, but how do the different rules regarding electric vans affect their tax treatment? Let’s use a hypothetical: A Ltd has acquired a new electric company
Corporation Tax: Upcoming filing deadlines and reminder about recent amendments
6 Jun 2023
Recent changes HM Revenue & Customs (HMRC) made to the rate of Corporation Tax mainly affected larger businesses in the UK.
