Quarterly news

Getting the right method to work out the customs value of goods you import is complex. There is now a new HMRC service that you can use – before the import declaration is made – to make sure that things are in order. Continue reading “HMRC’s new Advance Valuation Service”

HMRC wants to raise awareness of the fact that cryptoasset transactions can mean tax bills – and there’s clearly some way to go.

Continue reading “Cryptoassets to be included on UK tax returns in 2024”

If it’s a car you provide to your employee, the taxable benefit is higher. If it’s a van, the taxable benefit is lower. But what if it’s a multi-purpose vehicle? Or modified for use in your business? Continue reading “Cars, vans and benefits in kind”

It sounds entirely shoulder-shruggable: but basis period reform is like the bits under the bonnet. It makes the car go. In this case, it helps determine the tax bill.

Continue reading “What is basis period reform and why does it matter?”

Nearly 90% of businesses made payroll mistakes in the last year, research suggests. Errors can easily translate into overstretched payroll staff, who need to follow up what’s gone wrong, and employees who are left wondering what’s happened to their wages. Continue reading “How to avoid common payroll problems”

The rules underpinning what you can contribute to a pension, and the rules around the Lifetime Allowance, have changed significantly from 6 April 2023. Continue reading “Your pension. Then the Budget”