IR35 Rules Relating to Employment Status

Written by Tony Shackleford on August 31, 2021.

The Department of Works and Pensions (DWP)as recently published its annual report and accounts. These included an item of expenditure for £87.9m paid to HMRC in tax year 20/21. The payment was in respect...

CEST, IR35

Electric Company Cars Update

Written by Tony Shackleford on May 17, 2021.

For many years, due to the significant tax charges imposed, it has generally not been worthwhile for employees to have company cars. The tax regime for company vans is however much more favourable. ...

Benefits in kind, Capital allowances on electric cars, company car tax, Electric cars

National Living Wage / National Minimum Wage Increases

Written by Tony Shackleford on April 6, 2021.

From April 2021 the National Living Wage / National Minimum Wage will change as follows: Employees aged 23 or over – new rate is £8.91 per hour (previously £8.72 per hour). Employees 21-22 –...

Minimum wage, National living wage, National Minimum Wage

Coronavirus – Job Retention Bonus

Written by Tony Shackleford on July 13, 2020.

The government has announced a grant of £1,000 per employee is available to employers, in respect of employees who satisfy the following conditions: earn at least £520 per month (above the Lower Earnings...

coronavirus, furloughed, Job Retention Bonus

Tax Relief for Working at Home

Written by Tony Shackleford on June 29, 2020.

Employees who undertake ‘regular’ homeworking are covered by the rules on homeworking expenses and can claim £6 a week, either through an employer or by claiming tax relief themselves on their self-assessment...

use of home, Working from home

Employers Allowance for National Insurance Contributions

Written by Tony Shackleford on June 10, 2020.

From 6 April 2020 the employers allowance was increased from £3,000 to £4,000. Consequently eligible businesses are exempt from paying the first £4,000 of employers National Insurance for each tax year...

Making Tax Digital

Written by Tony Shackleford on February 22, 2018.

Making Tax Digital – a new HMRC initiative HM Revenue and Customs (HMRC) is introducing a new reporting regime, Making Tax Digital, which will have a significant impact on small businesses....

Making Tax digital