Although designated as ‘trivial’ by the taxman, trivial benefits in kind can result in tax savings for you and your employees, which can be anything but trivial.
Making Tax Digital: Cash basis accounting for landlords
As part of the introduction of Making Tax Digital, HM Revenue & Customs (HMRC) has confirmed that it will extend the simplified cash basis of accounting for businesses with a turnover below £150,000.
Record number of employers underpaying workers
As the National Minimum Wage prepares to go up this month, the Department for Business, Energy and Industrial Strategy has released its latest ‘rogue’s gallery’ of under payers – and it is the biggest list to date.
Businesses are more buoyant, says the Bank of England
New research from the Bank of England has shown that Britain’s businesses are feeling more confident and are planning to invest more in the months ahead.
Does Annual Tax on Enveloped Dwellings (ATED) apply to you?
While changes affecting private residential landlords have made headlines in recent years, the ATED regime is a significant cost for companies, LLPs and partnerships that own a UK residential property valued at more than £500,000.
