25 September 2023
Currently, where an individual pension holder dies before age 75, drawdown pensions paid to a successor can generally be received free from income tax. Where the
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25 September 2023
Draft legislation released for consultation on 18 July indicates that business and individual taxpayers will be required to provide more information to HMRC in the next
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25 September 2023
The table below sets out the HMRC advisory fuel rates from 1 September 2023. These are the suggested reimbursement rates for employees' private mileage using their
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25 September 2023
Date What’s Due 1 October Corporation tax for year to 31/12/22 unless paid by quarterly instalments. 5 October Deadline for notifying HMRC of chargeability for 2022/23
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28 July 2023
The latest Finance Act includes two changes that will affect all R&D claims: (1) a requirement to provide additional information before an R&D claim is made;
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28 July 2023
Tax-Free Childcare accounts can be used to pay for approved childcare for children aged 11 or under, or 16 if the child has a disability. This
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28 July 2023
Employers may meet the cost of certain social events for staff without creating a tax liability. This used to be a concession but is now a
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28 July 2023
There are rumours circulating in the press of the possible abolition of inheritance tax (IHT) in a bid by the Government to secure the support of
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28 July 2023
HMRC interest rates are linked to the Bank of England base rate. Late payment interest is set at base rate plus 2.5%. Repayment interest is set
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28 July 2023
Date What’s Due 01/08 Corporation tax payment for year to 31/10/22 (unless quarterly instalments apply) 19/08 PAYE & NIC deductions, and CIS return and tax, for
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28 June 2023
With all of the changes to personal pensions in the Spring Budget, maximising the State Pension entitlement should not be overlooked. The full rate of new
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28 June 2023
In the Spring Budget the Chancellor announced that “full expensing” - 100% relief for new, eligible plant and machinery - would replace the 130% super-deduction from
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