Employee benefits and mandatory payroll reporting
Starting in April 2026, UK employers will have to include the benefits they give to their employees, like company cars or health insurance, directly in their payroll. This means these…
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National Insurance credit scheme will be introduced to tackle child benefit gaps
The Government plans to introduce new legislation to help parents who earn more money than others with their future pensions. In essence, if you did not claim child benefit because…
Putting the brakes on excessive National Insurance payments through car allowances
Businesses may be able to reclaim significant amounts of National Insurance Contributions (NICs) and plan for future savings because of a recent Tribunal ruling on how car allowances are taxed….
Tax basis – Getting ready for the end of the transitional year
Are you a sole trader or a member of a partnership? Here is what you need to know about the upcoming tax basis period reforms. HM Revenue & Customs (HMRC)…
MTD differences for limited vs unlimited companies
Making Tax Digital (MTD), a key part of HM Revenue & Customs’ (HMRC) strategy to modernise tax administration, simplifies the tax process for business owners.
Which business structure is the most tax-efficient?
By Munatzir Bhimji, FCCA, Partner. Tax represents one of any company’s most significant expenses.