The rules for taxing dividends changed radically from 6 April 2016 with the removal of the 10% notional tax credit and the introduction of new rates of tax on dividends. For many taxpayers that means more tax to pay on dividends on 31 January each year. If you are a higher rate taxpayer and received […]
The government has announced that there will be a zero P11d benefit for the drivers of electric cars from 2020/21. This is instead of the 2% scale charge that was originally included in Finance Act 2017 to apply for 2020/21. The legislation for the change will be included in Finance Bill 2020 and it is […]
We are currently upgrading our client portal, and will very shortly be moving over to a new cloud based product called CCH OneClick. CCH OneClick is all about connectivity, bringing our practice even closer to our clients. It will enable us to securely exchange messages, files and information online. Further information will be sent to clients […]
We have a great opportunity to join our team as an Office Administrator to start immediately. The role is a varied and rewarding one, and will include a mixture of reception duties, premises management and document compliance, alongside ad-hoc projects and general secretarial support to the team. Experience required You will ideally have had at […]
Whilst uncertainty continues over when and how Britain will leave the EU, and how this will affect businesses in the UK it is worth thinking about how the various scenarios could affect your company – what-ever the outcome. The list below is clearly not exhaustive. There are useful and detailed checklists available from Government Website, The British […]
Annual Returns If your charity last did an annual return before 12 November 2018, the system has changed and you will need to ensure that your charity’s information is up to date, and all relevant details are in place on the Charity Commission website. What does your charity need to do? Check that you can log […]
The extension of the “off-payroll” working rules to the private sector mentioned above is planned for April 2020 but in the meantime tax tribunal decisions are still being decided against HMRC. In a recent case involving a radio presenter working for TalkSport, it was decided that the presenter would not have been an employee if […]
Work life balance and flexible working benefits may be more valued than some of the more expensive employee benefits offered by some businesses. Google is well known for providing everything from free food to onsite gyms, while Netflix has joined the bandwagon of firms offering unlimited holidays. What these employers demonstrate is that in the […]
5/10 Deadline for notifying HMRC of chargeability for 2018/19 if not within Self-Assessment and receive income or gains on which tax is due 19/10 PAYE & NIC deductions, and CIS return and tax, for month to 5/10/19 (due 22/10 if you pay electronically) 1/11 Corporation tax for year to 31/01/19, unless quarterly instalments apply 19/11 […]
The Chancellor, Sajid Javid has commissioned a review of the Loan Charge to consider whether the policy is an appropriate way of dealing with disguised remuneration loan schemes used by individuals who entered directly into these schemes to avoid paying tax. The disguised remuneration Loan Charge was introduced to tackle contrived schemes where a person’s […]
