HMRC advisory fuel rates have remained constant for some time, again we see little movement from 1 September 2017. Remember, advisory fuel rates only apply for: reimbursement of employees for business travel in the company car; or the requirement of an employee to repay the cost of fuel used for private travel. HMRC accept there […]
In his debut, Autumn Statement 2016, the Chancellor announced plans that will continue to negatively impact small business, it looks like we have yet another anti-small business government. The highlights of the Autumn Statement 2016 are: A new higher VAT flat rate for ‘service-based’ businesses – aka contractors From 1st April 2017, “businesses with limited […]
HMRC has issued its new Advisory Fuel Rates that take effect from 1 September 2016. As fuel prices rise HMRC has now revised some of the rates upwards. For the latest HMRC Advisory Fuel Rates please click here.
HMRC has issued its new Advisory Fuel Rates that take effect from 1 September 2015. As petrol prices have continued to drop lately there has been a reduction in the HMRC Advisory Fuel Rates this time. For the latest HMRC Advisory Fuel Rates please click here.
You only have until 5 April 2014 to use up this years ISA allowance, if you haven’t done so yet maybe you should consider utilising this tax efficient savings wrapper. Here are details on cash ISA deals that are currently on the market: Earl Shilton – 1.80% Santander – 1.75% Halifax – 2.0% (18 month […]
What expenses and deductions can be claimed The rules about what can or cannot be claimed as expenses and deductions can be complex to understand. If you work from home or are self employed you will be particularly interested in what can be claimed as deductions or expenses. In such cases the dividing of […]