by Ali Miah | 24 May 2023 | Business Management, Business Planning, Business Tax, Corporation tax, Employees, Government Initiatives, Human resources, Management, PAYE, PAYE and NI, Payroll, Personal tax
Will new tips rules affect your business?
A new Act on tipping has been passed with the aim of ensuring that more of what customers leave as tips go to staff. Does this mean you need to update your payroll processes and are there any changes to how tips are taxed?
by Ali Miah | 11 Apr 2023 | Business Tax, Corporation tax, Tax Planning
NUDGE” LETTERS FROM HMRC ABOUT R&D CLAIMS Following on from the alleged abuse of the Research and Development (R&D) tax relief schemes, particularly the SME tax credit scheme, HMRC have issued “nudge” letters to the directors of over 2,000 claimant companies...
by Ali Miah | 4 Jun 2018 | Business Tax, Corporate tax planning, Personal tax, Personal tax planning
When should you take perks instead of dividends?
As a rule of thumb, dividends are the most tax and NI-efficient method of taking income from your company. But there are sometimes better alternatives. What are they and when can you use them?
by Ali Miah | 1 Nov 2017 | Business Planning, Business Tax, Corporate tax planning, Corporation tax, Government Announcements, Pensions Savings Investments, Personal tax, Personal tax planning
There is again speculation about further restrictions to tax relief on pensions in the Chancellor’s Autumn Budget.
by Ali Miah | 7 Aug 2017 | Business Tax, Corporate tax planning, Corporation tax, Personal tax, Personal tax planning, Tax Planning
Working parents can start applying for two new Government childcare schemes launching this year – Tax-Free Childcare which begins immediately and 30 hours free childcare which starts in September.
by Ali Miah | 2 Aug 2017 | Business Tax, Corporate tax planning, Personal tax planning, Tax Compliance, Tax Planning
A scheme using Employee Benefit Trusts (EBTs) as a means of remunerating directors and staff has been defeated by HMRC in a recent Supreme Court case.
