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Statutory redundancy pay

If you have been in the same job for two years or more and are made redundant you will usually ...
/ Payroll

Claim full expensing or 50% FYA

Full expensing allows for a 100% first-year capital allowance for qualifying plant and machinery assets and came into effect last ...
/ Corporation Tax

Late night taxi for an employee

There is no specific requirement for employers to provide employees with transport home. Nevertheless, an employer has a duty of ...
/ Employee Benefits

Income Tax in Scotland

The Scottish rate of income tax (SRIT) is payable on the non-savings and non-dividend income of those defined as Scottish ...
/ Income Tax

What your tax code means

The letters in your tax code signify your entitlement (or not) to the annual tax free personal allowance. The tax ...
/ Income Tax

CGT Incorporation Relief

Where a taxpayer owns a business as a sole trader or in partnership, a capital gain will be deemed to ...
/ Capital Gains Tax

Tax Diary August/September 2024

1 August 2024 - Due date for corporation tax due for the year ended 31 October 2023. 19 August 2024 ...
/ Tax Diary

Extracting profits from a small, limited company

It is pretty much universally accepted that shareholders (usually directors) of small companies take out their remuneration as a small ...
/ Business Support

Translation

If you receive documents from overseas customers or suppliers and you need to translate text into English, have you used ...
/ Business Support

Private rental deposits

There are special rules under the Tenancy Deposit Scheme that limits the amount of deposit that landlords in England can ...
/ Personal

How to check a UK VAT number

The online service for checking a UK VAT number is available at: www.gov.uk/check-uk-vat-number. This service can be used to check: ...
/ Value Added Tax

Check employment status for tax

The Check Employment Status for Tax (CEST) tool can be used to help ascertain if a worker should be classified ...
/ Employment & Payroll