The 6th April marks the beginning of a new tax, and for the coming year, unprecedented challenges. As with most things in life, problems are a necessary precursor to finding solutions. We have listed below a few reminders of the issues...
Read More...You don’t have to pay tax on a benefit (gift) to your employee if all of the following apply:
A reminder that in just a few months the present tax year closes, 5 April 2020.
After this date, a whole raft of 2019-20 tax planning options for individuals will cease to be available.
These cover a multitude of opportunities...
Read More...The government announced 13 November that it will extend its Farming Recovery Fund to support farmers badly affected by the recent flooding across Yorkshire and the Midlands. Through this scheme, farmers and land managers who have suffered...
Read More...If you need evidence of employment for a claim, the following notes published by HMRC may help.
You can ask HMRC for a record of your employment history, for example if you are making a compensation claim for:
UK farmers looking for opportunities to export beef products to China will be encouraged by the recent relaxation of export criteria. A recent UK government press release titled “China opens doors to British Beef” explains what is...
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Personal Tax allowance
The personal Income Tax allowance for 2019-20 will be increased to £12,500 (2018-19 £11,850). It will...
Read More...1 June 2018 - Due date for Corporation Tax due for the year ended 31 August 2017.
19 June 2018 - PAYE and NIC deductions due for month ended 5 June 2018. (If you pay your tax electronically the due date is 22 June 2018)
19 June...
Read More...The Intellectual Property Office has issued commentary on the future of intellectual property (IP) issues following Brexit. We have copied in below some of their comments to clarify various issues for companies with existing registered IP, or that...
Read More...Our government have selected their top-ten tax changes that come into effect from 6 April 2016. Just in case you need a refresher they are:
1.The personal allowance will increase to £11,000 and the higher rate threshold will...
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