By Tom Maxwell In Tax TipsPosted 12/03/2018 HMRC win IR35 appeal HMRC have won a significant appeal concerning the application of employment intermediaries legislation to BBC television presenters. In Christa Ackroyd Media Ltd and the Commissioners for Her [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 12/03/2018 Tax deductions for family members’ wages? Many adults are likely to embrace the offer of help with technology from the younger generation! So where a child is employed in a family business to work on, say, website creation, management [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 12/03/2018 ISA limits update The maximum annual investment limit for Individual Savings Accounts (SAs) will remain at £20,000 for 2018/19 (of which, £4,000 may be saved in a Lifetime ISA – see below). Although the investment [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 12/03/2018 Company cars change in advisory fuel rates from 1 March 2018 HM Revenue & Customs (HMRC) has changed the advisory fuel rates for company cars with effect from 1 March 2018, but for one month from the date of change, employers may use either the [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 12/03/2018 March key tax dates 13 – Spring Statement 2018 19/22 – PAYE/NIC, student loan and CIS deductions due for month to 5/3/2018 0 Read More
By Tom Maxwell In Advice, Blog, Tax TipsPosted 22/02/2018 Preference Shares and Entrepreneurs’ Relief Most business owners will be familiar with the concept of “Preference Shares”. As the name suggests, these are shares which benefit from some sort of preferential treatment, most commonly rights [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 05/02/2018 Tax-free childcare now open to under 9s In April 2017 HMRC started rolling out tax-free childcare, a scheme designed to help working parents with the cost of childcare with up to £2,000 of support per child per year, or £4,000 for [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 05/02/2018 Two million couples still missing out on Marriage Allowance Recent government statistics indicate that out of four million eligible couples, around half are still not benefiting from the income tax Marriage Allowance (MA). The allowance was first [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 05/02/2018 HMRC clarify VAT treatment of affiliation fees for sports clubs HMRC recently published a reminder that the concession enabling clubs to treat affiliation fees as exempt from VAT, will be withdrawn with effect from 1 April 2018. A sport’s governing [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 05/02/2018 Latest MTD progress Draft regulations, together with a draft explanatory memorandum and a draft VAT Notice, covering required changes to the VAT regime under the Making Tax Digital (MTD) project were published for [...] 0 Read More