As we now look toward the second half of a year unlike any we have known before, the Government has published details of ‘Project Speed’. The programme is part of its commitment to rebuild the economy after the Coronavirus crisis.
Ahead of the P11D and P11D(b) deadline on 6 July, and in light of Coronavirus, the Government has updated its taxable expenses and benefits guidance. If you provided benefits in kind or non-exempt expenses to employees during the 2019/20 tax
Rishi Sunak delivered his first 2020 Budget on Wednesday 11th March. This came only weeks after he took over the role of Chancellor from Sajid Javid. Raring and ready to ‘get things done’, Mr. Sunak promised a speech that would
On 6 April 2020, Capital Gains Tax (CGT) payment terms will change. If you are selling a residential property, you will be required to settle any charges within a new 30-day period. Taxpayers will not settle charges via the annual
Many UK businesses must have a statutory audit; generally, those who meet any two of the following criteria: • where company turnover exceeds £10.2 million; • where total company assets exceed £5.1 million; or • where the company has more
A health insurance policy that is paid for by you as an employer, on behalf of an employee, is considered to be a taxable benefit in kind by HM Revenue & Customs (HMRC). Subsequently, this benefit should be reported to
Under Automatic Enrolment (AE), employers must enrol all employees who ordinarily work in Great Britain and who satisfy age and earnings criteria into a qualifying workplace pension. Furthermore, employers must also pay at least the minimum level of contributions into