Another tax planning strategy that is still available despite rumours that it would be closed in the Budget was the CGT hold over relief when assets a...
Regular gifts out of your income is tax efficient
One tax planning opportunity that many thought the chancellor might restrict was the exemption from inheritance tax for regular gifts out of an indivi...
Christmas is the time for giving
Many were expecting the chancellor to announce changes to inheritance tax (IHT) in his Autumn Budget, However, like capital gains tax (CGT),...
Tax relief for Christmas Parties
An employer may spend up to £150 per head (inclusive of VAT) per year, in providing annual functions and events to entertain its staff....
Gift giving and tax
This time of year we need to consider gift giving and tax. It is easy during the Christmas period to to be generous, but most of us feel we are quit...
Chancellors Autumn Budget 2021
The Chancellor delivered his third Budget in conjunction with the Public Spending Review on 27th October 2021. Many of the spending announcements had ...
Advisory fuel rate for company cars October 2021
As the result in recent increases in petrol and diesel prices HMRC have increased the advisory fuel rates that apply for the reimbursement of employee...
HMRC support with childcare costs
With more employees going back to work after the end of CJRS furlough support, they need to start thinking about childcare if they have children....
Diary of main tax events October/November 2021
Please see below for the diary of main tax events October/November 2021. If you have any questions, please feel free to contact our team....