Unveiled in the Spring Budget, it’s the highlight of what the government calls its new ‘capital allowances offer’. But what is full expensing? And […]
Different VAT rates for bundles prices
The classic example is the meal deal. The cold takeaway sandwich is zero-rated, the fizzy drink is standard-rated and the piece of confectionery is, […]
A Trade and customs update July 2023
Brexit has meant constant change for customs rules. What else is round the corner?
HMRC’s new Advance Valuation Service
Getting the right method to work out the customs value of goods you import is complex. There is now a new HMRC service that […]
Cryptoassets to be included on UK tax returns in 2024
HMRC wants to raise awareness of the fact that cryptoasset transactions can mean tax bills – and there’s clearly some way to go.
Cars, vans and benefits in kind
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 is basis period reform and why does it matter?
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 […]
How to avoid common payroll problems
Nearly 90% of businesses made payroll mistakes in the last year, research suggests. Errors can easily translate into overstretched payroll staff, who need to […]
