Stamp Duty Land Tax revisited (for the third time!)
If you thought tax was supposed to be getting simpler think again. From 1 April 2018 (and unfortunately this is no joke) SDLT will be abolished in Wales and replaced with land transaction tax (LTT) or 'Deddf Tref Trafodia dau Tir' as it is known locally.
Cars – advisory fuel rates for company cars 2018/19
Advisory rates only apply where employers reimburse employees for business travel in a company car or require employees to repay the cost of fuel used for private travel in a company car.
Car fuel benefit 2018/19 and 2017/18
Car, van and fuel benefits 2018/19.
Minimum wage 2018/19 and 2017/18
Minimum wage rates for 2018/19 and 2017/18.
Land Transaction Tax
Land Transaction Tax.
Tax card 2018/19
For a run down of the latest tax rates for 2018/19, download our handy tax card. If you would like a hard copy version sent to you, please contact us at email@example.com.
First Spring Statement slimmed down – but what was unveiled?
Today saw the Chancellor Philip Hammond deliver his first Spring Statement. At only 25 minutes long there were none of the usual tax or spending announcements, instead only a response to economic forecasts from the Office for Budget Responsibility, along with notice of various consultations on future changes.
Prosper is our new magazine aimed at helping businesses and business owners understand the latest issues affecting them and their peers. Written with small and medium-sized enterprises (SMEs) in mind, Prosper contains a range of articles exploring the current business environment, and features relevant tax and regulatory updates as well as practical advice for businesses at all stages.
Taxflash: Mileage rates – March 2018
HMRC regularly publish approved 'fuel only' rates which have, again, changed.
Research and development tax relief
Research and development tax relief is an incentive from the government to encourage companies to invest in research and development activities. There is a common misconception that these incentives are aimed only at the technology sector, however, that is certainly not the case. This document outlines how research and development tax relief is more widely available than most companies realise.