HMRC reminder to employees to claim their tax deductible expenses
HMRC is reminding employees that they may be able to claim a tax rebate on their work related expenses. HMRC estimate that millions of employees, particularly those working in the service industry, could be entitled to a tax refund. Workers, including nurses,...
Self assessment deadline approaching
The deadline for submitting your 2017/18 self-assessment return is 31 January 2019. The deadline applies to taxpayers who need to complete a tax return and make direct payments to HMRC in respect of their income tax, Classes 2 and 4 National Insurance Contributions...
Lords call for a delay to Making Tax Digital for VAT until 2020
The House of Lords Economic Affairs Committee have issued a scathing report on HMRC’s Making Tax Digital (“MTD”) for VAT program. The committee have voiced disappointment that on many issues raised by the committee in their 2017 report HMRC had taken “no...
Christmas parties and staff gifts – a tax guide
With the festive period now approaching, we are often asked by employers about the tax treatment of providing a staff Christmas party or giving gifts to employees. Here is a quick reminder of the rules.STAFF PARTIESWhat is exempt?There is a tax exemption for employee...
