Tax e-News March 2022

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

VAT RATES FOR HOSPITALITY SECTOR DUE TO INCREASE FROM 1 APRIL
CHANGES TO ACCOUNTING FOR VAT ON IMPORTS
PAYROLLING BENEFITS IN KIND
DON’T LOSE YOUR 2021/22 PERSONAL ALLOWANCE
CONSIDER A SALARY SACRIFICE SCHEME
MISSING OUT ON HELP WITH CHILDCARE COSTS?
BUY NEW EQUIPMENT BEFORE 6 APRIL?
ADVISORY FUEL RATE FOR COMPANY CARS
2022/23 NATIONAL INSURANCE BANDS
DIARY OF MAIN TAX EVENTS – MARCH / APRIL 2022

Tax e-News December 2021

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

CHRISTMAS IS THE TIME FOR GIVING
REGULAR GIFTS OUT OF YOUR INCOME IS TAX EFFICIENT
TRUST PLANNING OPPORTUNITY STILL AVAILABLE
GIFTS TO CHARITY
LET’S HAVE A REAL CHRISTMAS PARTY THIS YEAR!
CHRISTMAS GIFTS OF UP TO £50 PER EMPLOYEE IS ALSO TAX FREE
REPORT CJRS FURLOUGH GRANTS ON CORPORATION TAX RETURNS
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – DECEMBER 2021/JANUARY 2022

Tax e-News October 2021

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

1.25% INCREASE IN NICs AND TAX ON DIVIDENDS TO FUND HEALTH AND SOCIAL CARE
DIVIDEND TAX RATES ALSO INCREASING FROM 2022/23
PLANNING ACTIONS BEFORE THE NEW RATES COMMENCE
CAPITAL ALLOWANCES ON PLANT IN RESIDENTIAL PROPERTY
MTD FOR INCOME TAX POSTPONED TO 2024/25
HMRC SUPPORT WITH CHILDCARE COSTS
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS OCTOBER/NOVEMBER 2021

Tax e-News June/July 2021

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

BEWARE MINI-UMBRELLA COMPANY FRAUD
CAR BENEFIT REDUCED WHERE UNAVAILABLE
REIMBURSE PRIVATE FUEL BY 6 JULY TO AVOID FUEL BENEFIT
ADVISORY FUEL RATE FOR COMPANY CARS
NOT ALL BENEFITS NEED TO BE REPORTED ON FORM P11D
CHECK THAT YOUR SHARES QUALIFY FOR CGT BUSINESS ASSET DISPOSAL RELIEF
DIARY OF MAIN TAX EVENTS -JUNE/JULY 2021
BEWARE MINI-UMBRELLA COMPANY FRAUD
CAR BENEFIT REDUCED WHERE UNAVAILABLE
REIMBURSE PRIVATE FUEL BY 6 JULY TO AVOID FUEL BENEFIT
ADVISORY FUEL RATE FOR COMPANY CARS
NOT ALL BENEFITS NEED TO BE REPORTED ON FORM P11D
CHECK THAT YOUR SHARES QUALIFY FOR CGT BUSINESS ASSET DISPOSAL RELIEF
FURLOUGH GRANT REDUCES TO 70% FOR JULY
CORRECTING ERRORS IN EARLIER FURLOUGH CLAIMS
FIFTH SELF-EMPLOYED INCOME SUPPORT GRANT TO BE PAID IN JULY
PLEASE LET US HAVE DETAILS OF YOUR SEISS GRANTS FOR YOUR 2020/21 TAX RETURN
TAX FREE CHILDCARE ACCOUNT SUBSIDISES SUMMER CAMP COSTS
PENSION CONTRIBUTION IS TAX EFFICIENT FOR BOTH EMPLOYEE AND EMPLOYER
HMRC WARNING NOT TO USE UNFUNDED PENSION ARRANGEMENTS DIARY OF MAIN TAX EVENTS JULY/ AUGUST 2021

Tax e-News March 2021

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues. We hope you enjoy reading the […]

Capital Allowances Update

Temporary Annual Investment Allowance of £1 million has been extended until 1 January 2022 HM Revenue & Customs have recently announced that […]

Tax e-News October 2020

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues. We hope you enjoy reading the […]

Tax e-News September 2020

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues. We hope you enjoy reading the […]

Tax e-News June 2020

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues. We hope you enjoy reading the […]

Tax e-News January 2020

In our newsletter for January 2020:

Conservative Party Elected With Working Majority
Finance Bill Should Now Proceed
Advisory Fuel Rate For Company Cars
New Year’s Resolutions To Save Tax
Pension Planning
Gifts Out Of Surplus Income
Passing On The Family Home
Diary Of Main Tax Events January/February 2020