Following the surprise news on Thursday that HMRC are closing the Self Assessment helpline from 12th June over the summer months it is more important than ever to have your Digital Tax account active as it will be the only way to access your tax records. Read HMRC’s...
For expenditure incurred from 1 April 2021 until the end of March 2023, companies can claim 130% capital allowances on qualifying plant and machinery investments. But what does that mean? During this period, for every £1 that a company spends on qualifying assets,...
Our recent blog talked about P11d’s and reporting for benefits provided to employees by their employer. Here we discuss trivial benefits, which are outside the scope of the P11D and can be provided to employees tax free (yes, tax free!). To be a trivial benefit, the...