Dec. 04, 2023
December 4, 2023
Updated tax guidance for electric company car charging
HMRC has updated its guidance to clarify that there is no taxable benefit when an employer reimburses employees who charge their electric company cars at home. Previously, HMRC maintained that the relevant exemption did not apply.
November 27, 2023
VAT registration goes online only
HMRC is moving ahead with its ‘digital by default’ ambition by pushing VAT registration to online only. Any business unable to use the online registration service will have to call HMRC’s VAT helpline to obtain a paper registration form.
November 22, 2023
Autumn Statement 2023 – What it means for your business
Today, Chancellor Jeremy Hunt delivered his Autumn Statement. The Chancellor said this Autumn Statement included 110 measures to “Help grow the British economy and back British business”, but were today’s announcements in line with this promise?
November 17, 2023
Why am I paying Corporation Tax at 26.5% and what can I do about it?
Corporation Tax rates for limited companies have changed, notably for those companies with taxable profit in excess of £50,000.