Tax e-News September 2023

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

In this month’s newsletter:

BACK TO SCHOOL – SET UP A TAX FREE CHILDCARE ACCOUNT?
CHILD BENEFIT MAY CREATE A TAX CHARGE FOR THOSE WITH HIGH INCOME
MERGER OF R&D TAX RELIEF SCHEMES TO GO AHEAD
INCOME TAX ON INHERITED PENSION FUNDS
HMRC TO REQUIRE MORE INFORMATION TO BE PROVIDED BY TAXPAYERS
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – SEPTEMBER/OCTOBER 2023

Tax e-News August 2023

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

In this month’s newsletter:

PROVIDE ADDITIONAL INFORMATION OF R&D CLAIMS FROM 8 AUGUST 2023
USE TAX-FREE CHILDCARE ACCOUNT TO PAY FOR SUMMER HOLIDAY CLUBS
PLANNING A STAFF SUMMER BARBEQUE?
RUMOURS OF THE ABOLITION OF INHERITANCE TAX
HMRC RAISE INTEREST RATES AGAIN AS BASE RATE INCREASES
DIARY OF MAIN TAX EVENTS – AUGUST/SEPTEMBER 2023

Tax e-News July 2023

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

In this month’s newsletter:

DEADLINE FOR TOPPING UP NI CONTRIBUTIONS EXTENDED AGAIN TO 5 APRIL 2025
SUPER-DEDUCTION REPLACED BY “FULL EXPENSING” FOR LIMITED COMPANIES
SHOULD SMALL BUSINESSES STILL USE THE VAT FLAT RATE SCHEME?
CAN WE STILL BE PAID £6 A WEEK FOR WORKING FROM HOME?
HMRC CHALLENGING A MARKETED SCHOOL FEES PLAN
DIARY OF MAIN TAX EVENTS – JULY/AUGUST 2023

Tax e-News June 2023

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

In this month’s newsletter:

2022/23 EMPLOYMENT-RELATED SECURITIES RETURNS DUE BY 6 JULY
HMRC OFFICIAL RATE OF INTEREST ONLY 2.25%
SHOULD DIRECTOR/SHAREHOLDERS TAKE ADVANTAGE OF THIS LOWER RATE?
SHOULD EMPLOYEES REIMBURSE THEIR EMPLOYER FOR PRIVATE FUEL?
ADVISORY FUEL RATE FOR COMPANY CARS
USE OF HMRC ADVISORY RATES FOR VAT PURPOSES
DIARY OF MAIN TAX EVENTS – JUNE/JULY 2023

Tax e-News May 2023

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

In this month’s newsletter:

2022/23 P11d FORMS TO BE SUBMITTED ONLINE
PAYE SETTLEMENT AGREEMENTS ALSO ONLINE
PENSION LIFETIME ALLOWANCE
PENSIONS AND ESTATE PLANNING
CONSULTATION INTO POSSIBLE REFORM OF CONSTRUCTION INDUSTRY SCHEME
DIARY OF MAIN TAX EVENTS – MAY/JUNE 2023

Tax e-News March 2023

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

In this month’s newsletter:

WILL THE SPRING BUDGET STIMULATE ECONOMIC GROWTH?
“NUDGE” LETTERS FROM HMRC ABOUT R&D CLAIMS
PENALTIES FOR CARELESS AND DELIBERATE ERRORS
YEAR END TAX PLANNING
ADVISORY FUEL RATE FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – MARCH/APRIL 2023

Personal pension contributions and the Annual Allowance Excess Charge

As we near the end of the 2022/23 tax year, you should review your pension contributions made since 6 April 2022 and consider whether or not you should make a further one-off personal pension contribution before 5 April 2023 to save tax and to utilise any carried-forward relief from 2019/20 which will be lost if not used by 5 April 2023.

Tax e-News February 2023

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

In this month’s newsletter:

MAKING TAX DIGITAL FOR INCOME TAX DELAYED AGAIN
BUT NEW TAX YEAR BASIS GOES AHEAD
NEW VAT PENALTY REGIME
130% SUPER DEDUCTION ENDS SOON
IMPORTANT R&D CHANGES FROM APRIL 2023
WANT TO REDUCE YOUR 2021/22 TAX BILL?
DIARY OF MAIN TAX EVENTS
FEBRUARY / MARCH 2023