Taxpayers who missed the self-assessment deadline have been urged to appeal HMRC penalties by the Low Income Tax Reform Group, if they believe they have a reasonable excuse.
HMRC have released their new advisory fuel rates for drivers of company vehicles. These came into effect from 1st July and allow reimbursement of fuel tax free at these levels.
Nobody wants to pay tax on divorce. So how do you keep your tax bill down while coming to a sensible arrangement with your spouse?
Since the change to Dividend tax came in you may be wondering if there are more tax efficient ways of drawing funds from your company. Read more for an idea that can save tax each year.
I love the summer for sitting back and reflecting on the year. Thinking back to the dark days of winter and forward to the joy of Christmas time. Now is the ideal time to review how your business is going and as you revive yourself through holidays and sunshine you’ll be well placed to make any changes come the autumn.