Reminder for reporting expenses and benefits for 2020-21
Posted
by admin
The deadline for submitting the 2020-21 forms P11D, P11D(b) and P9D is 6 July 2021. Employees must also be provided with a copy of the information...
READ MORE
Taxable benefit charge – returning office equipment
Posted
by admin
A taxable benefit charge can apply when employees return office equipment they used to work from home. There was a significant rise in the...
READ MORE
National Minimum and Living Wage increases 1 April 2021
Posted
by admin
The new National Minimum Wage (NMW) and National Living Wage (NLW) rates came into effect on 1 April 2021. The new rate for the NLW is £8.91 which...
READ MORE
Tax-free mileage expenses
Posted
by admin
If you use your own vehicle for business journeys, then you may be able to claim a tax-free allowance from your employer known as a Mileage...
READ MORE
Off-payroll working rules from 6 April 2021
Posted
by admin
The rules for individuals providing services to the public sector via an intermediary such as a personal service company (PSC) changed from April...
READ MORE
Tax codes for employees
Posted
by admin
The P9X form is used to notify employers which tax codes to use for employees. The latest version of the form has just been published and shows...
READ MORE
Employing domestic staff
Posted
by admin
When you employ someone to work in your home it is your responsibility to meet the employee’s rights and deduct the correct amount of tax...
READ MORE
Confirmation of Minimum Wage increases 2021
Posted
by admin
The Chancellor used the recent Spending Review to confirm that increased National Minimum Wage and National Living Wage rates will come into...
READ MORE
New advisory fuel rates published
Posted
by admin
Advisory fuel rates are intended to reflect actual average fuel costs and are updated quarterly. The rates can be used by employers who reimburse...
READ MORE
Working from home tax claim
Posted
by admin
If you do not receive compensation from your employer you can still claim tax relief for some expenses that result from home working. HMRC will...
READ MORE
Kickstart scheme officially launched
Posted
by admin
The new £2 billion Kickstart scheme that was announced as part of the Summer Economic update by the Chancellor, Rishi Sunak was officially...
READ MORE
