Fractional shares ISAs approved as British ISA scrapped
Posted by Jon Pryse-Jones on September 5, 2024Fractional shares ISAs confirmed to be tax-free, but the governments has scrapped the British ISA before it was launched.
Business mileage rate / tax on redundancy payments
Posted by Karen Jones on September 2, 2024In this news update we confirm the rules regarding the business mileage rate and look at the threshold for taxation of redundancy payments.
Payroll giving – a brief guide
Posted by Jon Pryse-Jones on August 29, 2024If you are thinking of offering a payroll giving scheme for your employees, our guide tells you how to set one up and administer it.
Changes to the non-dom tax regime explained
Posted by Karen Jones on August 22, 2024The government has confirmed the non-dom tax regime will be scrapped from April 2025. We look at what will will replace it.
Automatic tax refund cheques to stop
Posted by Karen Jones on August 12, 2024Until recently, if employees didn’t claim a tax refund online, HMRC would automatically send out a cheque. This practice has now stopped.
VAT on school fees – what you need to know
Posted by Jon Pryse-Jones on August 5, 2024VAT on school fees will be applied from January 2025, while schools in England will have to pay business rates from April 2025.
Got a pension? HMRC may owe you £3000+ in overpaid tax
Posted by Karen Jones on July 26, 2024If you have taken money from your pension pot, there’s a chance that HMRC could owe you over £3,000 in overpaid tax.
Paying taxes early? Be careful!
Posted by Karen Jones on July 19, 2024HMRC slapped fines on one business owner for paying taxes early. A tribunal overturned the penalties, but it pays to be careful!
Thinking of registering for VAT? Try HMRC’s new VAT estimator tool
Posted by Mark Ingle on July 15, 2024If you’re thinking of registering for VAT, a new online tool from HMRC will help you work out what registration would mean for your business.
Tax refund scams are on the rise. Here’s how to avoid them…
Posted by Karen Jones on July 10, 2024Tax refund scams are on the rise… don’t get caught out, here we look at how to stop and avoid them…
