Blog
All the latest changes to tax legislation- important tax dates and deadlines, Help-Sheets on managing your personal finances, business news & opinion, as well as updates on what’s happening at Rawcliffe’s.
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Warning to Self Assessment Customers
With the Self Assessment tax deadline behind us, HM Revenue and Customs (HMRC) is warning people to be wary of bogus tax refund offers.
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VAT on Food and Drink
In 2024 we saw a lot of legal cases that examined the VAT rating of food and drink and it appears this trend is
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Employment Expenses
It is possible to claim Income Tax relief on eligible employment expenses that have not been
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Avoid Any Double Cab ‘Hiccups’!
HMRC has published new guidance regarding a change in the interpretation of how Double-Cab Pickup (DCPU) vehicles should be
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There’s Still Time for Some Year End Tax Planning!
With the tax/financial year end approaching, now is a good time to check that you’re making the most of the available
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HMRC Scam Warning
With the 31 January self assessment deadline fast approaching, HMRC has warned taxpayers to be alert to fraudsters. In the past
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Payrolling Benefits in Kind
‘Payrolling benefits in kind’ means that employee benefits in kind (e.g. company cars and medical insurance) are reported to HMRC through the employer’s payroll
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Corporate Tax Roadmap
The Government published a ‘Corporate Tax Roadmap’ as part of Autumn Budget 2024. The Roadmap is designed to give
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Get Ready for Making Tax Digital for Income Tax
Prior to the Autumn Budget, there was hope that the new Labour Government might further delay the introduction of
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Spring Forecast Scheduled for 26 March 2025
Rachel Reeves, the Chancellor of the Exchequer, has confirmed 26 March 2025 as the date for the Spring Forecast
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Advisory Fuel Rate for Company Cars
These are the suggested reimbursement rates for employees' private mileage using their company car
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Family Investment Company (FIC) Factsheet
A Family Investment Company (FIC) is a UK-registered company that focuses on investing family wealth rather than engaging in trading activities
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Farmers Campaigning for Agricultural Property Rethink
The announcement in the Autumn Budget about restrictions to inheritance tax (IHT) agricultural and business property relief
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Christmas Party Time!
There continues to be no taxable benefit for employees provided that all staff are invited, and the cost to the employer does
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Paying Employees Early Before Christmas
Some employers need to pay their employees earlier than usual in December. This can be for several reasons, such
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Remember Christmas Gifts Of Up To £50 Per Employee Are Tax Free
Employers should note that certain gifts to staff at Christmas are tax free if
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Bring Forward Succession Planning to Avoid A Big IHT Bill
The current tax rules encourage farmers and other business owners to hold on to their business until death, when the
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Business Tax
Under the government’s MTD for income tax initiative, businesses will be required to keep digital records and send a