Making tax digital is a scheme by the UK government to make it easier for businesses and individuals to manage their taxes. The first stage comes into play on 1st April 2019 and is called Making Tax Digital for VAT. From this date, VAT registered businesses (those companies with their turnovers over the VAT threshold,…
With Making Tax Digital for VAT around the corner, we have decided to demystify some of the most common misconceptions surrounding MTD in our infographic below.
For a review of the Spring Statement, please see this article by Croner Taxwise.
Clients who take advantage of the optional enquiry insurance also have access to Croner’s Webinars & E-Learning sessions, which cover the HR & Health & Safety basics, right through to specialised sessions including relevant legislation and key case law. Please see here for further details. If you are interested in taking part, please contact…
HMRC has updated the fuel rates that can be reimbursed to employees with company cars for business miles. Use of these rates with suitable mileage records should ensure that the employee will not be taxed for the fuel benefit. To see details of the rates reproduced by ICAEW see. Do let us know if you need…
From 6th April 2019 new legislation around providing payslips comes into effect, under which: All employers will be required to provide payslips to all ‘workers’, and Show hours worked on payslips where the pay varies by the number of hours worked For more details visit the notes provided by CronerTaxwise.