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Bolt ruling seals the case against sham contracts

Despite an appeal, the Courts recently found against Bolt in relation to their attempts to evade the statutory entitlements of ...
/ Employment Law

What is an acceptable pensions income?

Determining an acceptable level of pension income for retirement depends on individual circumstances, including lifestyle expectations, health, and financial commitments ...
/ General

Subscription scams

New proposals to crack down on subscription traps, have been unveiled by the Department for Business and Trade as the ...
/ General

Types of tax allowances for capital expenditure

Capital allowances enable businesses to claim tax relief on certain capital expenditures. Different rules apply to various types of capital ...
/ Capital allowances

An overview of salary sacrifice arrangements

A salary sacrifice arrangement involves an agreement by an employee to lower their cash salary in exchange for non-cash benefits ...
/ Employment & Payroll

Tax changes for Furnished Holiday Lets property owners

The current tax benefits for the letting of properties as short-term holiday lets (known as Furnished Holiday Lets - FHL) ...
/ Income Tax

Limits on Income Tax reliefs

The limit on Income Tax reliefs has applied since 6 April 2013. This measure was the first time a limitation ...
/ Income Tax

How to claim a tax refund

If you believe you have overpaid tax to HMRC, you can typically claim a tax refund for the excess amount ...
/ Income Tax

HMRC promotes its app

HMRC has been busy promoting the benefits of using its app. A new advertising campaign launched by HMRC is targeted ...
/ General

EV or diesel – for and against

When evaluating the annual running costs of electric vehicles (EVs) compared to diesel cars, several key factors come into play: ...
/ General

Bank of England eases base rate to 4.75%

The Bank of England's recent decision to reduce the base rate to 4.75% brings several potential benefits to various sectors ...
/ Business

Tax Diary December 2024/January 2025

1 December 2024 - Due date for Corporation Tax payable for the year ended 28 February 2024. 19 December 2024 ...
/ Tax Diary
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