The UK Government has long encouraged businesses to invest in Research & Development (R&D) projects, believing it to be at the forefront of economic growth.… Read More »The ins and outs of pre-notification of R&D claims
As an employer, you will likely face the delicate situation of employees asking for pay rises. With the cost-of-living crisis and rise in inflation, these… Read More »Constantly asked for pay rises? Here is what you need to know about pay in the UK
In the Spring 2023 Budget, the Government laid out plans to shake up the current free childcare system – but many higher earners will be… Read More »Changes to free childcare, but higher earners will still miss out
It is important for employees to feel valued in the workplace. A lot of the time, it is the little things that employers can provide… Read More »Trivial benefits in kind and the advantages they give to employers
The 2020/21 tax year saw 1.4 million people charged interest on overdue tax payments – a 15 per cent increase on pre-pandemic figures. The data… Read More »Late interest penalties hit 1.4 million taxpayers – and it could get worse
With a growing number of company car owners using electric vehicles, many are deciding or being permitted to use company credit cards to pay for… Read More »Roadside charging – How to account for credit card payments
There have been several important tax decisions previously regarding the difference between vans and cars, but how do the different rules regarding electric vans affect… Read More »Car vs Van – Tax treatment of electric vehicles
A new ‘failure to prevent fraud’ offence is being introduced by the Government to encourage businesses to do more to deter offending, which will ultimately… Read More »Businesses must get to grips with a Government crackdown on fraud committed by employees
As a business owner, determining the ideal salary for company directors can be tricky. Often, most directors will want to balance their salary and dividend… Read More »Striking the perfect balance: Director’s salary and dividends for 2023/24
The High Income Child Benefit Charge (HICBC) was introduced in 2013 and was set up to charge tax on individuals claiming child benefits who were… Read More »683,000 higher rate taxpayers opt out of child benefit as thresholds remain frozen
