Tax e-News April 2024

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

HAPPY NEW TAX YEAR
MANY COUPLES MAY NEED TO RESTART CHILD BENEFIT CLAIMS
SHOULD YOU USE CASH ACCOUNTING?
CHANGES TO THE BASIS OF ASSESSMENT
HMRC PUBLISH MORE DETAILS OF MTD FOR INCOME TAX REPORTS
CHANGES TO FURNISHED HOLIDAY LETTINGS FROM 6 APRIL 2025
CAMPING PODS MAY QUALIFY FOR CAPITAL ALLOWANCES
GET READY FOR MORE R&D CHANGES

Tax e-News February 2024

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

YEAR END TAX PLANNING
USE A LIFETIME ISA (LISA) TO SAVE FOR YOUR FIRST HOME
PENSION PLANNING
CAPITAL GAINS TAX PLANNING
CAPITAL EXPENDITURE PLANNING
GET READY FOR MORE R&D CHANGES
ADVISORY FUEL RATE FOR COMPANY CARS
DON’T BE LATE IN PAYING YOUR PERSONAL TAX BILL
DIARY OF MAIN TAX EVENTS – FEBRUARY/MARCH 2024

Tax e-News January 2024

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

NEW YEAR RESOLUTIONS TO SAVE TAX
TIME TO REVIEW, OR MAKE A WILL?
PASSING ON THE FAMILY HOME
LEAVING MONEY IN YOUR WILL TO CHARITY
YEAR END INHERITANCE TAX PLANNING
REGULAR GIFTS OUT OF YOUR INCOME CAN SAVE IHT
PENSION CONTRIBUTIONS ON BEHALF OF OTHERS
UPDATE PAYROLL SOFTWARE FOR THE JANUARY NIC CUT
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – JANUARY/FEBRUARY 2024

Tax e-News November 2023

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

SALARY OR DIVIDEND BEST IN 2023/24?
YEAR END TAX PLANNING IDEAS FOR YOUR BUSINESS
NOT ALL LLP MEMBERS ARE SELF-EMPLOYED
HMRC CHALLENGES LLP SCHEME FOR PROPERTY BUSINESSES
CHARGING ELECTRIC CARS AT HOME
RECLAIMING INPUT VAT ON THE SALE OF SHARES
DIARY OF MAIN TAX EVENTS – NOVEMBER/DECEMBER 2023

Tax e-News October 2023

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

ITS IMPORTANT TO HAVE UP TO DATE PROFIT FORECASTS FOR TAX
WHEN ARE COMPANIES ASSOCIATED?
LARGER COMPANIES ARE REQUIRED TO PAY TAX QUARTERLY
AUTUMN STATEMENT DATE SET FOR 22 NOVEMBER
RUMOURS THAT INHERITANCE TAX MAY BE ABOLISHED
DIARY OF MAIN TAX EVENTS – OCTOBER/NOVEMBER 2023

Tax e-News September 2023

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

BACK TO SCHOOL – SET UP A TAX FREE CHILDCARE ACCOUNT?
CHILD BENEFIT MAY CREATE A TAX CHARGE FOR THOSE WITH HIGH INCOME
MERGER OF R&D TAX RELIEF SCHEMES TO GO AHEAD
INCOME TAX ON INHERITED PENSION FUNDS
HMRC TO REQUIRE MORE INFORMATION TO BE PROVIDED BY TAXPAYERS
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – SEPTEMBER/OCTOBER 2023

Tax e-News August 2023

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

PROVIDE ADDITIONAL INFORMATION OF R&D CLAIMS FROM 8 AUGUST 2023
USE TAX-FREE CHILDCARE ACCOUNT TO PAY FOR SUMMER HOLIDAY CLUBS
PLANNING A STAFF SUMMER BARBEQUE?
RUMOURS OF THE ABOLITION OF INHERITANCE TAX
HMRC RAISE INTEREST RATES AGAIN AS BASE RATE INCREASES
DIARY OF MAIN TAX EVENTS – AUGUST/SEPTEMBER 2023

Tax e-News July 2023

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

DEADLINE FOR TOPPING UP NI CONTRIBUTIONS EXTENDED AGAIN TO 5 APRIL 2025
SUPER-DEDUCTION REPLACED BY “FULL EXPENSING” FOR LIMITED COMPANIES
SHOULD SMALL BUSINESSES STILL USE THE VAT FLAT RATE SCHEME?
CAN WE STILL BE PAID £6 A WEEK FOR WORKING FROM HOME?
HMRC CHALLENGING A MARKETED SCHOOL FEES PLAN
DIARY OF MAIN TAX EVENTS – JULY/AUGUST 2023

Tax e-News June 2023

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

2022/23 EMPLOYMENT-RELATED SECURITIES RETURNS DUE BY 6 JULY
HMRC OFFICIAL RATE OF INTEREST ONLY 2.25%
SHOULD DIRECTOR/SHAREHOLDERS TAKE ADVANTAGE OF THIS LOWER RATE?
SHOULD EMPLOYEES REIMBURSE THEIR EMPLOYER FOR PRIVATE FUEL?
ADVISORY FUEL RATE FOR COMPANY CARS
USE OF HMRC ADVISORY RATES FOR VAT PURPOSES
DIARY OF MAIN TAX EVENTS – JUNE/JULY 2023

Tax e-News May 2023

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

2022/23 P11d FORMS TO BE SUBMITTED ONLINE
PAYE SETTLEMENT AGREEMENTS ALSO ONLINE
PENSION LIFETIME ALLOWANCE
PENSIONS AND ESTATE PLANNING
CONSULTATION INTO POSSIBLE REFORM OF CONSTRUCTION INDUSTRY SCHEME
DIARY OF MAIN TAX EVENTS – MAY/JUNE 2023