Don’t get caught out by scam contacts posing as HMRC! HMRC have updated their guidance with examples of related phishing emails, suspicious phone calls and texts to help individuals identify when they are being scammed. Follow the link below. https://www.gov.uk/government/publications/phishing-and-bogus-emails-hm-revenue-and-customs-examples/phishing-emails-and-bogus-contact-hm-revenue-and-customs-examples
Please visit our tax rates guide to check the tax rates you are using from the 6 April 2024 are the correct ones.
Due to changes announced in the Budget, if you/your partner currently have a Child Benefit claim in place but are not actually receiving the payments as one parties income is over £60K (and you would have to pay it back in full via the HICBC), you may wish to look at restarting payments from April […]
Since changes to National Insurance bands for employees, it is marginally better for directors to have a salary up to the Personal Allowance rather than the lower amount we previously advised (below the employer’s secondary National Insurance threshold). This is the case regardless of whether Employers National Insurance ends up being payable because the Employers […]
If you pay a car allowance to employees, this has always been treated as fully liable to tax and National Insurance. However, following two recent court cases which went against HMRC the approach has changed. Note this applies for National Insurance only, not tax. It applies where the mileage rate paid for business miles travelled […]
Within the next couple of weeks we will be mailing all our clients inviting them to join/renew the tax enquiry scheme. For more information please click here.
The Chancellor, Jeremy Hunt, delivered the 2024 Budget on Wednesday 6 March, the link below will give you all the information and key points. If you wish to discuss any of the contents with one of our team, please contact the office on (01623) 420269.
The company car fuel rates are reviewed and adjusted each quarter on:
1 March
1 June
1 September
1 December
Mansfield Accelerator is a newly established, fully-funded business support initiative aimed at assisting local businesses throughout all phases of their development, fostering commencement, sustainability, growth, and innovation. Additional support will be extended to startup businesses in the Mansfield area. The initiative, led by the East Midlands Chamber and funded by the Government through the UK […]
The company car fuel rates are reviewed and adjusted each quarter on:
1 March
1 June
1 September
1 December
On Wednesday 22 November 2023, The Chancellor, Jeremy Hunt, delivered the Autumn Statement, the link below will give you all the information and key points. If you do wish to discuss any of the contents with one of our team, please contact the office on (01623) 420269.
The company car fuel rates are reviewed and adjusted each quarter on:
1 March
1 June
1 September
1 December
