Firstly, we would like to wish all of our clients a wonderful and happy New Year. Please find below the main tax events for January and February 2020....
Advisory fuel rates for company cars
These are the suggested reimbursement rates for employees' private mileage using their company car from 1 December 2019. Where there has been a change...
Finance bill should now proceed
Now that the General Election is out of the way, the tax changes in the draft Finance Bill scheduled to take effect from April 2020 are now more likel...
Taxing dividends: don’t forget there may be tax to pay on your dividends in January
The rules for taxing dividends changed radically from 6 April 2016 with the removal of the 10% notional tax credit and the introduction of new rates o...
Conservative party elected with working majority
Now that Boris Johnson and his Conservative party have won the General Election will we finally “Get Brexit Done”? More importantly, can the Gove...
Diary of main tax events December 2019/January 2020
1/12/19 Corporation tax for year to 28/02/2019 unless quarterly instalments apply...
Staff parties and annual functions
It is that time of year again for staff parties and annual functions, so it is important to make sure you record it properly. An employer may spend up...
General election delays loan charge review
It has been announced that the general election delays loan charge review. The Financial Secretary to the Treasury, Jesse Norman, has written to Sir A...
Boris Johnson to delay 17% rate of corporation tax
Corporation tax is scheduled to be reduced from 19% to 17% from 1 April 2020. However, in a speech to the CBI on 18 November Boris Johnson announced t...