Archives

Non Profit Organisations are created in order to pursue a goal for a particular cause. In doing so, all the proceeds go towards this cause rather than being paid to shareholders. These [...]

The cost of living increase means it’s never been more important for your employees to claim tax relief on work-related expenses. HMRC want to encourage employees to claim money they are entitled [...]

HMRC’s online forms P11D and P46(vehicle) have a bug that prevents it from always calculating electric car BiK accurately. Check your tax code numbers if you have an employer-provided [...]

In a Ministerial Statement issued on 23rd September 2021, it was confirmed that Making Tax Digital (MTD) for income tax self-assessment (ITSA) is indeed coming but will be pushed back one year [...]

HMRC have issued guidance for VAT-registered business and their agents on how to avoid penalties for non-compliance with the Making Tax Digital for VAT (MTD) rules. In particular, there is a new [...]

From 6 July 2022, some National Insurance Contributions (NICs) thresholds will increase. The primary threshold for 6 July 2022 to 5 April 2023 will rise to: £242 per week £1,048 per month £12,570 [...]

HMRC have recently updated their guidance for companies looking to attract investors to buy shares in their company. If structured correctly, and if the company qualifies under the Enterprise [...]

Our Head of Crypto, Louise Lane CTA FCA, unpacks this for you… In February this year, HMRC released new guidance on Decentralised Finance: Lending and Staking, which despite the terminology [...]

Here is a summary of information provided by HMRC on tax reliefs available for innovative companies. Please contact us if you need more information. Patent Box The aim of the Patent Box is to [...]

HMRC is urging businesses to move to its new customs IT platform now to continue trading and is writing to businesses to support them with the changes. The letters and emails include further [...]