By Tom Maxwell In Advice, Blog, News, Tax TipsPosted 30/03/2022 Tax relief for employee travel where there is “hybrid” working During the COVID-19 pandemic many employees were required to work from home. Since restrictions have been lifted, employers have put in place “hybrid” working arrangements whereby employees work [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Tax TipsPosted 31/01/2022 Personal tax planning ahead of April 2022 The costs of keeping the country running through covid were huge and inflation is expected to add to the country’s debt. The Office for Budget Responsibility has indicated that the treasury will [...] 0 Read More
By Tom Maxwell In Advice, Blog, Crypto, Tax TipsPosted 16/11/2021 UK cryptoasset holders nudged on CGT This month HMRC is writing letters to holders of cryptoassets (sometimes known as cryptocurrency), encouraging them to evaluate their capital gains tax position and make a declaration to HMRC for [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Tax TipsPosted 27/09/2021 MTD for ITSA and basis period reform postponed Following extensive feedback from all the professional bodies, HMRC has postponed the implementation of Making Tax Digital for income tax self-assessment (MTD ITSA). The regulations confirm that [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Tax TipsPosted 22/09/2021 HMRC Tax Return Registration Deadline Approaching Fast! The 5th October HMRC tax return registration deadline is almost here – find out how to file your tax return for the year ended 5th April 2021. If you don’t already file a Tax Return, you [...] 0 Read More
By DBS In Advice, Blog, Tax TipsPosted 12/04/2021 How to use R&D tax credits to help your business during these difficult times R&D (Research & Development) tax credits can be worth thousands of pounds and can have a major impact on many companies. This injection of funds is welcome at any time but especially [...] 0 Read More
By Tom Maxwell In Advice, News, Tax TipsPosted 01/12/2020 Change in Advisory Fuel Rates from 1 December 2020 HMRC has changed the advisory fuel rates for company cars with effect from 1 December 2020, but for one month from the date of change, employers may use either the previous or new current rates, [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Tax TipsPosted 26/10/2020 Taxation of Properties – Separation & Divorce Although tax is not the only consideration in a divorce, knowing the rules and understanding the tax implications can ensure that separation and divorce is managed in the most tax-efficient way [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Tax TipsPosted 13/08/2020 Changes to import VAT from 2021 As of 1 January 2021 the VAT treatment of imported goods is changing. Until then the current rules apply and change depending on if the goods are imported from EU or non-EU countries. Postponed [...] 0 Read More
By DBS In Advice, Blog, Tax TipsPosted 26/06/2020 How Businesses can use VAT to Improve Cash Flow Cashflow is the lifeline of many companies and during difficult times, it is more important than ever. Usually, when you think about VAT, it is in a negative light. However, there are ways in [...] 0 Read More