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.
Should Employees Reimburse Their Employer For Private Fuel?
Where a company car is provided for use by an employee or director there is a benefit in kind taxable on the
2023/24 Employment-Related Securities Returns Due By 6 July
The deadline for reporting shares and securities and share options issued to employees for 2023/24 is
Report Employee Benefits on Form P11d By 6 July
P11d forms for reporting expenses and benefits in kind provided to employees and directors in 2023/24 need to be submitted by
Increasing Your Profit – Why it’s Not the Same as Growing Sales
While increasing turnover (revenue) is important, it doesn’t necessarily lead to increased profits
Financing Your Business – What Should You Know?
What types of finance are available? How can you present a request to a bank and have it accepted? We will endeavour to
Want To Be Part of Beta Testing of MTD For Income Tax?
Although making tax digital income tax self assessment (MTD ITSA) is not mandatory until 6 April 2026 at the earliest, it is possible for
Official Rate of Interest for 2024/25 Remains At 2.25%
HMRC have confirmed that the official rate of interest for employee and directors’
HMRC Publish Updated Guidance on Work Travel
Whether or not an employee’s home is a workplace does not affect the availability of tax relief for
Are You Protected Against a HMRC Investigation?
HMRC hold an unprecedented level of information on UK businesses and taxpayers and have invested heavily in
Get Ready for More R&D Changes
On top of the major changes to research and development (R&D) tax relief that took effect from 1 April 2023 there are yet more changes that
Changes to Furnished Holiday Lettings from 6 April 2025
As announced in the Spring Budget, the beneficial tax treatment of furnished holiday lettings (FHLs) will be abolished from
HMRC Publish More Details of MTD for Income Tax Reports
Making Tax Digital for income tax self-assessment is scheduled to commence in 2026/27 for sole traders and property landlords with
Changes to The Basis of Assessment
The method of taxing the profits of unincorporated businesses changed significantly in 2023/24 and will also change from
Many Couples May Need to Restart Child Benefit Claims
The changes to the High Income Child Benefit Charge (HICBC) announced in the Spring Budget have now been incorporated into the latest
The Team are at It Again!
On the 14th July, The Rawcliffe’s Dirty Dozen, as we affectionately call them, are taking on the famous Tough Mudder
Happy New Tax Year
This April we highlight some of the key tax changes that take effect from the start of the new tax year. Unfortunately, most of the income tax
Are You or Your Employees Making Good Use of Tax-Free Childcare?
Tax-Free Childcare is available to working families to help them save on their childcare costs. However, many may not be making use of this provision and with the Easter break soon
New Companies House Powers Come into Force
New powers for Companies House based on the Economic Crime and Corporate Transparency Act 2023 (ECCT Act) came into force on 4 March 2024. The new measures allow Companies House to