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.
Regular Gifts Out of Your Income Can Save Inheritance Tax
One tax planning opportunity that many thought the chancellor might restrict was the exemption from inheritance tax for regular gifts out of
Pension Contributions on Behalf of Others
Normally an individual’s payments into a pension scheme are limited to their relevant earnings in a given tax year. This
Advisory Fuel Rate for Company Cars
The table below sets out the HMRC advisory fuel rates from 1 December 2023
2024 - A Year for Flexibility?
Looking back at 2023, we have been amazed at the resilient way our clients have handled the uncertain economy. You have
Update Payroll Software for the January Nic Cut
The chancellor’s announcement of a 2% cut in national insurance contributions (NICs) for employees applies
Backing British Business
The Annual Investment Allowance (AIA) is now permanently set at £1million. This means that businesses can claim tax relief at
Where Does the Money Go?
With ever increasing supplier prices, managing your businesses cash and understanding the
ICO Guidance on International Data Transfers
This information aims to help organisations know how to protect people's personal information when
Cutting Tax and Rewarding Hard Work
In addition to income tax, all employees earning more than £12,570 a year pay
HSE Guidance on Keeping Workplace Temperature Reasonable
As winter takes hold, you can find helpful advice from the Health and Safety Executive (HSE) on keeping
Companies Urged to File Accounts Early and Online to Avoid Penalties
Running your own company can be exciting but also challenging. Directors have lots of responsibilities including
Self-Assessment Payments Via the HMRC App Treble To £121 Million
Almost 100,000 tax-payers have paid £121 million using the
Autumn Statement 2023
In January 2023 the Prime Minister set out three economic priorities: to halve inflation, grow the economy and reduce debt. Consumer Prices Index (CPI) inflation has now more than halved from a peak of over 11% last autumn to 4.6% in October 2023.
Scam Email Alert
Please be aware that recently our staff have been the target of phishing scams and as a result have
***Exciting News***
Just over 12 months ago, we were devastated to discover that Rawcliffe HQ had been destroyed by
Self-Assessment Scam Warning
With a large number of people expected to submit a Self-Assessment tax return for the 2022-23 tax year before the 31 January 2024 deadline, fraudsters will prey on customers by impersonating
Reclaiming Input VAT on The Sale of Shares
The sale of shares is an exempt supply for VAT purposes, which means that input VAT on professional fees in connection with the
Charging Electric Cars at Home
HMRC have recently clarified their view of the tax treatment of the reimbursement of electricity costs where employees charge their