The importance of being interested

Conversation takes a turn for the worse if you have an opinion that your client has no idea how to ...
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Action to contain cost of living pressures – groceries

The Competition & Markets Authority has issued an update on the action it is taking to ease price rises in ...
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Tax on public transport season tickets

There are certain tax rules that it is important to be aware of where you pay for the public transport ...
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Capital Gains during separation and divorce

The Capital Gains Tax (CGT) rules that apply during separation and divorce changed for disposals that occur on or after ...
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Consultation on taxation of cryptoasset loans

In April 2022, the government announced a package of measures intended to make the UK a global cryptoasset technology hub ...
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Check your NIC record

HMRC offers an online service to check your National Insurance Contributions (NIC) record online. In order to use the service, ...
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Filing deadline for share scheme operators

There are a number of government approved share schemes which offer tax advantages to employees. The approved schemes are Share ...
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HMRC interest rates increase again

The Bank of England’s Monetary Policy Committee (MPC) met on 10 May 2023 and voted 7-2 in favour of raising ...
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Tax by stealth

There is a plausible link between a rise in tax payments if tax rates increase or if tax allowances and ...
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Tax Diary June/July 2023

1 June 2023 - Due date for corporation tax due for the year ended 31 August 2022. 19 June 2023 ...
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What is a P11D?

A P11D form is a form used by employers to list certain ‘benefits in kind’ provided to directors or employees ...
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Business Relief for IHT

There are a number of reliefs available that can reduce liability to Inheritance Tax (IHT). One of these reliefs is ...
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National Insurance for company directors

Directors are classed as employees and pay National Insurance on annual income from salary and bonuses that exceeds the Primary ...
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Withholding tips from staff now unlawful

A new law that stops employers from withholding tips from people working in the hospitality, leisure and services sectors has ...
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Cost of living payments 2023-24

The Cost of Living support package has been designed to help over 8 million households in receipt of mean tested ...
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Monthly chores for CIS contractors

The Construction Industry Scheme (CIS) is a set of special rules covering tax and national insurance for those working in ...
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The winds of change

A new King, the possibility of a change of government next year, and signs that we may, at last, be ...
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Your tasks if a VAT-registered business

The taxable turnover threshold that determines whether businesses should be registered for VAT is currently £85,000. Businesses with turnover below ...
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Company cars – working out taxable value

Where an employee with a company car is provided with fuel for their own private use by their employers, the ...
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Landlord responsibilities

There are a number of responsibilities that fall on a landlord that is renting out a property. These include the ...
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Reminder to look out for tax credit renewal packs

HMRC is currently sending the annual tax credit renewal packs to some 1.5 million tax credit claimants and is encouraging ...
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New Bill to crack down on online fraud

New legislation aimed at cracking down on rip-offs, protecting consumer cash online and boosting competition in digital markets has been published ...
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Simplified tax system for savers

The government has announced a number of new measures to help millions of people boost their future savings. One of ...
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More financial support for energy intensive sectors

Some businesses could see their bills slashed by as much as 20% off predicted wholesale prices, thanks to further government ...
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