The P11d benefits on company vans are generally much lower than company cars and where private use of the van is merely incidental to its business use by the employee, then there
HMRC have recently won a tax tribunal case where they were seeking to challenge the deduction for a spouses wages in arriving at the profits of her husband’s business. The judge agreed
Tax diary: All the main tax events for September / October 2017 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months
From 2020 there will be a 2% benefit in kind for hybrid company cars that emit no CO2 such as electric and hydrogen powered cars. The next Finance Bill will include legislation
Remember that from 6 April 2016, benefits are exempt from tax and NICs if all the following conditions are satisfied: the cost of providing the benefit does not exceed £50; the
HMRC have recently updated their toolkit dealing with reporting employee expenses and benefits in the light of significant recent changes in this area. HMRC toolkits are designed to help minimise the risk
Last month we reported that the government had announced the delay of Making Tax Digital for Business (MTDfB) to 2020 at the earliest but that quarterly VAT reporting, using the new system
Many companies are still missing out on valuable tax breaks for expenditure on research and development (R&D). Revenue and Customs (HMRC) have recently updated their guidance on claiming R&D tax credit relief
The Finance Bill due to be debated in early September will finally include the new company loss rules for the set off of company losses that were originally announced in March 2016.
Tax diary: All the main tax events for August / September 2017 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months
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