Category: Company Vehicles

Tax e-News December 2024

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

In this month’s newsletter:

FARMERS CAMPAIGNING FOR AGRICULTURAL PROPERTY RETHINK
BRING FORWARD SUCCESSION PLANNING TO AVOID A BIG IHT BILL
CHECK YOUR STATE PENSION ENTITLEMENT
PAYING EMPLOYEES EARLY BEFORE CHRISTMAS
REMEMBER CHRISTMAS GIFTS OF UP TO £50 PER EMPLOYEE ARE TAX FREE
CHRISTMAS PARTY TIME!
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – OCTOBER/NOVEMBER 2024

Tax e-News July 2024

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

In this month’s newsletter:

GENERAL ELECTION 2024 – WHAT ARE MAIN PARTIES SAYING ABOUT TAX?
VAT ON PRIVATE SCHOOL FEES – ANY PLANNING?
‘TAX POINT’ FOR VAT
FORM P11D DEADLINE IS 6 JULY
WHAT IS A POOL CAR?
CHILDCARE ACCOUNTS CAN SUBSIDISE SUMMER CHILDCARE COSTS
VAT ON THE COSTS OF SELLING OF A SUBSIDIARY
DIARY OF MAIN TAX EVENTS -JULY/AUGUST 2024

Tax e-News June 2024

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

In this month’s newsletter:

REPORT EMPLOYEE BENEFITS ON FORM P11D BY 6 JULY
2023/24 EMPLOYMENT-RELATED SECURITIES RETURNS DUE BY 6 JULY
SHOULD EMPLOYEES REIMBURSE THEIR EMPLOYER FOR PRIVATE FUEL?
HMRC OFFICIAL RATE OF INTEREST REMAINS AT 2.25%
SHOULD DIRECTOR/SHAREHOLDERS TAX ADVANTAGE OF THIS LOWER RATE?
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS -JUNE/JULY 2024

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 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 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 March 2023

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

In this month’s newsletter:

WILL THE SPRING BUDGET STIMULATE ECONOMIC GROWTH?
“NUDGE” LETTERS FROM HMRC ABOUT R&D CLAIMS
PENALTIES FOR CARELESS AND DELIBERATE ERRORS
YEAR END TAX PLANNING
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – MARCH/APRIL 2023

Tax e-News January 2023

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
PENSION PLANNING
TIME TO REVIEW YOUR WILL?
PASSING ON THE FAMILY HOME
£12,300 CGT ANNUAL ALLOWANCE – USE IT OR LOSE IT
130% SUPER-DEDUCTION ENDS 31 MARCH 2023
£1 MILLION ANNUAL INVESTMENT ALLOWANCE NOW PERMANENT
NEW VAT PENALTIES FOR LATE RETURNS
ADVISORY FUEL RATE FOR COMPANY CARS
SCOTTISH INCOME TAX RATES FOR 2023/24
DIARY OF MAIN TAX EVENTS – JANUARY 2023/February 2023