How VAT affects Christmas parties
During the festive period, businesses up and down the country will be celebrating with their annual Christmas party. Fortunately, one source of positive festive spirit can be found where employees of the company are involved. The general rule is that where only employees attend an event, be it a staff party or a team building […]
Self-assessment tax returns
With the festive season and the new year just around the corner the tax season is fast-approaching. Now is a good time to get a head start on your self-assessment tax return. Self-assessment is a system HMRC uses to collect tax on income that wasn’t taxed at source. People who are self-employed, such as […]
2023 Spring Budget breakfast
We invite you to join us on 21st March at 8:30am for our traditional Spring Budget breakfast, held at 30 City Road, EC1Y 2AB. Unable to attend? You can request a summary after the event using the form above. As with any Budget announcement the devil is always in the detail, and this is where our tax […]
Capital Gains Tax planning webinar
We invite you to join us and our tax consultant, Tim Palmer, at our first webinar for 2023, when we will be taking a look at Capital Gains Tax and the opportunities that might be available to you. Date: 15 February 2023 Time: 09:00 – 09:40 Price: Free Location: Zoom We will limit […]
Pre-5th April tax planning seminar
We invite you to join us on Thursday 23rd February 2023 at 8:30am for this pre-5th April Tax planning session which will be held at 30 City Road, EC1Y 2AB and hosted by our team of tax experts. During this session we will be taking a look at the following areas of tax: The effect […]
Employee tax concessions
No-one is going to disagree that the last few years have been stressful. Aside from the gloomy economic indicators we have had to cope with, we have also had to contend with COVID disruptions. Which is why it would be good to relax and unwind, during the forthcoming Christmas, New Year holidays. To help, […]
Advisory fuel rates from December 2022
HMRC publish mileage rates, known as the advisory fuel rates, which can be paid tax-free to employees with a company car to reimburse them for the fuel used on business journeys where the employee has initially paid for the fuel. The advisory fuel rates are not the same as the approved mileage payment rates, which […]
Personal tax changes for 2022/2023
We have several personal tax changes for 2022/2023 which will impact upon us from 6 April. The new tax year has already started. Some of the changes have been public knowledge for months now and some of the rises have been anxiously awaited as the country continues to face a cost-of-living squeeze. […]
Basis period rules in line for reform (sole traders and partnerships)
Unincorporated businesses could be about to see significant changes to the ways in which they are taxed, following the launch of a Government consultation. The Government plans to reform the basis period rules in a bid to simplify how unincorporated businesses, such as sole traders and business partnerships, allocate trading profits to tax years for inclusion […]
New HMRC advisory fuel rates from 1 March 2022
HMRC have published COMPANY CAR ADVISORY FUEL RATES FOR USE FROM 1 MARCH 2022. The rates apply when employers reimburse employees for the cost of fuel for business travel in their company cars or require employees to repay the cost of fuel used for private travel. HMRC review rates quarterly on 1 March, 1 June, […]