by Paul Whyatt | Mar 8, 2022 | Business Advice, Business Tax, Taxation
The current fuel crisis will no doubt encourage many people to consider buying an electric car. Drivers of company-owned electric vehicles will find it particularly rewarding as the taxable benefit for using an electric company car is currently just 1% of its list...
by Paul Whyatt | Mar 3, 2022 | News, Other Insights, Taxation
There are constant attempts to trick people that communications are from HMRC and therefore giving away personal information to fraudsters. Recently, a new scam involving QR codes has been identified. HMRC has updated it guidance on QR codes to help taxpayers avoid...
by Paul Whyatt | Mar 1, 2022 | News, Personal Tax, Taxation
Several high profile TV presenters have been under the spotlight in respect of whether IR35 applies to their working arrangements. The latest of these resulted in a loss for HMRC. So what can we learn from this case? Rejecting HMRC’s assertions that IR35 applies...
by Paul Whyatt | Feb 23, 2022 | Business Advice, Business Tax, Taxation
The Statutory Sick Pay Rebate Scheme will close on 17 March 2022. Employers have until 24 March 2022 to submit any new claims for absence periods up to 17 March 2022, or to amend claims they have already submitted. Employers will no longer be...
by Paul Whyatt | Feb 23, 2022 | Business Advice, Personal Tax, Taxation
Personal tax rates have been held steady for a few years, so it made no difference whether you extracted funds from your company in one tax year or the next. This is no longer the case as on 6 April 2022 the tax payable on dividends and the national insurance...
