Government announces shakeup in the payment of Benefits in Kind
The Government has announced a shake-up in how Benefits in Kind (BIK) are paid. The move will allow tax agents to run payroll BIK on…
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Spring Budget 2023
Just a few days short of the third anniversary of the first Covid lockdown, Chancellor Jeremy Hunt rose to the Despatch Box to deliver the...
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Fuel rate boost for electric car drivers, but other advisory fuel rates cut
Company car drivers will see changes to the amount they can claim back for fuel costs from their employer from 1 March. HM Revenue &…
Employers brace for uplift to the National Minimum Wage
Workers across the UK will get a pay rise from April as higher National Minimum Wage (NMW) rates are introduced. According to the Government, around…
Businesses must be prepared for imminent changes to Corporation Tax
Businesses should be planning for the rise in Corporation Tax (CT), which comes into force from 1 April 2023, and sees the top rate of…
R&D tax reliefs are changing in April – Are you ready?
Chancellor Jeremy Hunt announced many R&D tax changes in his Autumn Budget, including how the funding is allocated, which will be implemented in April. He…