Apr 12, 2022 | Business Start Ups, Expenses, FAQ, Information, Tax, Vault
A tax charge may arise if an employee is able to use a company car or van for private use. A further charge will arise if you provide the fuel for any private use. The taxable amounts that will apply for 2022/23 have now been announced. Company cars Where an employee...
Apr 3, 2022 | Information, Vault
National Stress Awareness Month 2022 In the spirit of National Stress Awareness Month, here are our top 4 tips for helping you manage stress. Learn to breathe It sounds silly but there are many great apps and videos out there that can teach you to control your...
Mar 30, 2022 | FAQ, Information, News, Tax, Vault
The new tax year on April 6 is accelerating quickly towards us, and now is the time to make sure that any last-minute allowances you may not have made the most of in the 2021/22 tax year are mopped up. There are plenty of allowances that have a time limit on each tax...
Mar 28, 2022 | Business Start Ups, Covid-19, FAQ, Loans, Vault
Businesses and self-assessment taxpayers are being reminded they need to include all grants paid as part of the COVID-19 support payments in their tax returns, as some may think these were non-taxable. Have you set money aside to deal with tax on support grants? HMRC...
Mar 23, 2022 | FAQ, Information, News, Tax, Vault
The Chancellor’s Spring Statement on March 23 was limited on giveaways, but there were some measures designed to help people struggling with the highest rates of inflation in 30 years. The Office for Budget Responsibility (OBR) has forecast that inflation will average...
Mar 22, 2022 | FAQ, Tax, Vault
Stamp Duty Land Tax (SDLT) receipts were somewhat skewed in the last year as the SDLT holiday for properties worth up to £500,000 was phased out on June 30, 2021, and the holiday for properties worth between £125,000 and £250,000 ended on September 30. These two...