Articles in "Tax"

The company car is a valuable negotiating tool offered by employers, looking to promote or reward key employees within the business, however, the popularity of uptake has reduced in recent years - mainly due to increases in the company car tax rates, with employers looking to offer cash allowances as an alternative.

A problem often faced by employers who seek to be generous to their employees is the following: what can I give to an employee that won’t attract any extra tax (on the employee and employer) or admin work?

Following the Chancellor’s, Rishi Sunak, Winter Economy Plan announcement, HM Revenue & Customs (HMRC) have unveiled their online payment support service, with the aim to help up to 11 million Self-Assessment taxpayers spread the cost of their tax payments.

The Chancellor, Rishi Sunak, has unveiled his emergency COVID rescue plan to protect jobs and the UK economy.

From 6 April 2020, UK residents disposing of UK residential property are required to report the disposal to HMRC and pay any Capital Gains tax liability within 30 days of the completion date. Residential property includes land that has held a dwelling at any time.

Applications for the second instalment of grants under the Self-Employed Income Support Scheme (SEISS) have opened today.

Since the Coronavirus Job Retention Scheme (CJRS) was launched in March, it is estimated that more than 1.2million employers have claimed grants for approximately 9.5 million employees.

The Chancellor of the Exchequer, Rishi Sunak, announced a string of measures in the recent summer statement, including a temporary change to Stamp Duty Land Tax (SDLT) with the aim to stimulate the property market during the coronavirus pandemic.