June 6, 2024
Directors are classed as employees and are required to pay National Insurance on their annual income from salary and bonuses that exceed the Primary Threshold. For […]
April 9, 2024
Understanding Tax-Free Mileage Expenses and Mileage Allowance Payments (MAP) If you use your own vehicle for business journeys you may be able to claim a tax-free allowance […]
February 21, 2024
Class 1A National Insurance Contributions (NICs) represent a specific financial obligation primarily shouldered by employers. These contributions are levied on a wide range of non-cash benefits […]
January 28, 2024
Understanding Tax relief for working from home Remote working has become increasingly common, and with it, the importance of understanding tax relief for home-based employees has […]
December 14, 2023
Understanding HMRC’s Time to Pay Arrangement As the 31 January 2024 tax payment deadline approaches, it’s crucial to understand the options available if you’re receiving difficulties […]
September 25, 2023
Capital Allowances: Bridging the Gap between Business Assets and Tax Relief When businesses invest in capital equipment, from vehicles and computer systems to machinery, the rules […]
September 16, 2023
All you need to know about the National Insurance Record In today’s fast-paced digital age, seamless access to your financial records is necessary. HMRC’s online service […]
September 16, 2023
In the evolving landscape of tax obligations concerning company cars, understanding the nuances of calculating the tax on company cars and adhering to the statutory requirements […]
September 10, 2023
Deciding to close your limited company is a substantial step. You must adhere to the necessary legal procedures to close it properly, whether due to a […]