Tax news

Advisory fuel rates for company cars

Advisory fuel rates for company cars

New company car advisory fuel rates have been published which take effect from 1 September 2021. The rates have increased for petrol cars and also for diesel cars to reflect a slight increase in fuel prices. But rates have decreased for LPG's. HMRC reviews the...

HMRC updates Salary Sacrifice guidance

HMRC updates Salary Sacrifice guidance

HMRC updates Salary Sacrifice guidance HMRC has removed the guidance on 'Salary sacrifice arrangements set up before 6 April 2017' as the transitional arrangements for calculating the value of the benefit came to an end on 5 April 2021. A salary sacrifice arrangement...