Welcome to the June edition of Tax E-News. We hope that you find this informative. Please contact us if you wish to discuss any matters in more detail. REPORT EMPLOYEE BENEFITS ON FORM P11D BY 6 JULY P11d forms for reporting expenses and benefits in kind provided to employees and […]

Welcome to our latest monthly tax newswire. We hope you enjoy reading this newsletter and find it useful. Contact us if you wish to discuss any issues further. WANT TO BE PART OF BETA TESTING OF MTD FOR INCOME TAX? Although making tax digital income tax self assessment (MTD ITSA) […]

Welcome to our latest monthly tax newswire. We hope you enjoy reading this newsletter and find it useful. Contact us if you wish to discuss any issues further. HAPPY NEW TAX YEAR In this April issue we highlight some of the key tax changes that take effect from the start […]

On 6 March 2024, Chancellor Jeremy Hunt presented his Spring Budget to Parliament. In the knowledge that the government must hold a general election before 28 January 2025, this was a Budget designed to restore confidence and win voters. But on the heels of Britain entering a recession and downgraded […]

Welcome to our latest monthly tax newswire. We hope you enjoy reading this newsletter and find it useful. Contact us if you wish to discuss any issues further. Below we set out some of the main points. YEAR END TAX PLANNING It’s not too late to undertake some end of […]

Happy New Year and welcome to the January edition of Tax E-News. We hope that you find this informative. Please contact us if you wish to discuss any matters in more detail. Below we set out some of the main points. NEW YEAR RESOLUTIONS TO SAVE TAX At this time of […]

On 22 November 2023, Chancellor Jeremy Hunt presented his Autumn Statement to Parliament and started making, in his words, the long-term decisions necessary to strengthen the economy and build a brighter future. Fuelled by falling inflation and stabilised public finances, focus is now being applied to reducing debt, cutting tax and rewarding hard work […]

Main points are:
• 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 VAT on sale of shares.

Main points are:
• It’s 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.