Tax Rates and Allowances 2022/23
Download our Guide – Tax Rates and Allowances 2022/23
HMRC Time to Pay Arrangement
As we head towards the Self Assessment Tax Return filing deadline, HMRC customers will be calculating their tax liability due for payment by 31 January 2022. This payment date is still relevant even with the extended Self Assessment Tax Return filing deadline through...
Tax efficient benefits in kind
A number of benefits can be provided by employers to their staff without creating a taxable benefit in kind on the employee. These include: Trivial benefits in kind –the benefit cannot be cash, the cost does not exceed £50 and it is not provided in recognition of...
Self-Employment Income Support Scheme fifth grant (SEISS)
HMRC have now issued guidance for the Self-Employment Income Support Scheme fifth grant (SEISS). As predicted, the grant will be determined by a turnover test that compares the self-employed income in the 2021 tax year compared to pre-coronavirus trading. The 2021...