On 29 July 2024, the Chancellor announced that as of 1 January 2025, all education services and vocational

Employers may meet the cost of certain social events for staff without creating a tax liability. This used to be a concession but is now

The government has now issued the draft legislation to abolish the special tax treatment of

Tax-Free Childcare accounts can be used to pay for approved childcare for children aged 11 or under, or 16 if the child

The State Opening of Parliament took place on 17 July and the King’s Speech set out the measures that the government intends to

It has recently been reported over half a million taxpayers paid a marginal income tax rate of 60% in 2022/23, up by

When a holding company sells shares in a subsidiary, the VAT incurred on the professional fees involved would normally be

Many parents have been asking if there is any planning to avoid the 20% increase in private school fees. However, the actual

As mentioned in the diary of main tax events, form P11D for reporting benefits provided to employees and directors needs to be submitted online by

Both the Conservative and Labour parties have pledged not to increase income tax, national insurance or VAT, although

The Economic Crime and Corporate Transparency Act 2023 brought in reforms to Companies House procedures and powers with the first phase applying

The table below sets out the HMRC advisory furl rates from 1 June 2024. These are the suggested reimbursement rates for employees' private mileage

While commenting on the GDP growth and what it indicates about the economy, the Prime Minister again drew attention to

HMRC have announced that the official rate of interest will remain at 2.25% for 2024/25, despite the Bank of England Base Rate currently

Where a company car is provided for use by an employee or director there is a benefit in kind taxable on the

The deadline for reporting shares and securities and share options issued to employees for 2023/24 is

P11d forms for reporting expenses and benefits in kind provided to employees and directors in 2023/24 need to be submitted by

HMRC have confirmed that the official rate of interest for employee and directors’