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 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

Tax e-News October 2019

In our newsletter for October 2019:

Builders’ VAT Rules Delayed For A Year
Ger Ready For The ‘Off-Payroll’ Working Rules
Radio Presenter Wins IR35 Personal Service Company Case
Disguised Renumeration Loan Charge Review
Time For An Electric Company Car?
Advisory Fuel Rate For Company Cars
Don’t Forget There May Be Tax To Pay On Your Dividends In January
Diary Of Main Tax Events – October/November 2019

Tax e-News September 2019

In our newsletter for September 2019:

Government U-Turn On Pension Tax For Doctors And Others?
No VAT Penalty If You Missed The First Quarterly MTD Deadline
Company Officers Jointly And Severally Liable For VAT Penalty
When Is A VAN Not A Van?
Certain Vans Are Exempt From Income Tax
Income Tax Definition of ‘Goods Vehicle’
Capital Allowances Definition of ‘Motor Car’
VAT Defintion Of ‘Motor Car’
Diary Of Main Tax Events September/October 2019