It is time to prepare the Forms P11D and P11D(b) for the 2021-22 tax year. The Forms are the employer’s responsibility. They are required for directors or employees who are provided with benefits or for whom you pay or reimburse non-deductible expenses. The Forms P11D...
Exactly two years since the first lockdown was announced, all eyes were on The Chancellor, Rishi Sunak, as he took to the despatch box in the House of Commons to deliver his Spring Statement 2022. Scroll down for reactions from Lucy Orrow, Craig Weavers, Sean Wiegand,...
5 April marks the end of one tax year and the 6 April indicates the beginning of a new one. It therefore feels like a good time to remind employers of changes that are coming into effect this April and deadlines that will be due. Firstly, a reminder of PAYE deadlines...
The selling or gifting of residential property will be a Capital Gains Tax (CGT) event, whereby the gain will normally be calculated by reducing the market value/selling price for the cost of acquisition and for other allowable expenditure. The main relief from CGT...
5th of April will mark the end of the current 2021/22 tax year and it is therefore important, at the current time, to review an individual’s business and taxation affairs while there is still an opportunity to do so. Outside of taxation considerations, we would...
Reduced wheat production around the world has resulted in the surge in crop prices in the last quarter or so of 2021. This may continue to be the case in 2022 if the crisis in western Ukraine persists. I am beginning to see the increased crop prices impact as we are...
