
Minimum Wage increased from April 2021
Increased minimum wage rates have been announced to take effect from 1 April 2021.

HMRC confirms MTD for corporation tax to be mandated from 2026
In a new consultation HMRC has confirmed that Making Tax Digital for corporation tax (MTD for CT) will not be implemented until 2026 'at the earliest'.
5 tips for applying for the Lovewell Blake AAT Trainee intake
We're here to help guide you through the application process from start to finish, take a look at our top 5 tips to help you create a successful application.

Making sure gifts to employees are tax-free
As we approach Christmas, some employers may wish to consider giving a small gift to their employees. As long as the employer meets the relevant conditions, no tax charge will arise for the gift recipient.
Company Car versus Car Allowance
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.

Changes to pension access
Following our article in October, where we advised that the State Pension had officially increased to age 66, we wanted to take this opportunity to position further changes announced around private pension access – that were shared in September.
'Virtual Christmas party' benefit exemption clarified by HMRC
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?

Phased approach to Post-Brexit importation rules provides a little clarity
In the latest of our series of weekly Brexit Blogs, Mary Schofield of Lovewell Blake explains how the government is planning a phased introduction of import controls once the transition period comes to an end.








