Consultation on taxation of cryptoasset loans
In April 2022, the government announced a package of measures intended to make the UK a global cryptoasset technology hub ...
Check your NIC record
HMRC offers an online service to check your National Insurance Contributions (NIC) record online. In order to use the service, ...
Filing deadline for share scheme operators
There are a number of government approved share schemes which offer tax advantages to employees. The approved schemes are Share ...
HMRC interest rates increase again
The Bank of England’s Monetary Policy Committee (MPC) met on 10 May 2023 and voted 7-2 in favour of raising ...
Tax by stealth
There is a plausible link between a rise in tax payments if tax rates increase or if tax allowances and ...
Tax Diary June/July 2023
1 June 2023 - Due date for corporation tax due for the year ended 31 August 2022. 19 June 2023 ...
What is a P11D?
A P11D form is a form used by employers to list certain ‘benefits in kind’ provided to directors or employees ...
Business Relief for IHT
There are a number of reliefs available that can reduce liability to Inheritance Tax (IHT). One of these reliefs is ...
National Insurance for company directors
Directors are classed as employees and pay National Insurance on annual income from salary and bonuses that exceeds the Primary ...
Withholding tips from staff now unlawful
A new law that stops employers from withholding tips from people working in the hospitality, leisure and services sectors has ...
Cost of living payments 2023-24
The Cost of Living support package has been designed to help over 8 million households in receipt of mean tested ...
Monthly chores for CIS contractors
The Construction Industry Scheme (CIS) is a set of special rules covering tax and national insurance for those working in ...
