What’s next? Looking ahead to new tax policy
With a general election less than 18 months away, thoughts are turning towards the potential policies of a new occupant of 11 Downing Street.
Tax Reliefs and Allowances
Company cars: Not-so-free fuel
If your employer pays for the fuel in your company car, it may cost you more than you expect.
Investors set to pay more tax
In his Autumn Statement, the Chancellor, Jeremy Hunt, said that in making decisions on tax the government followed a broad principle that “we ask those with more to contribute more”. Investors were clearly placed into this category.
Pension tax relief knowledge gap
HMRC has released unpublished research revealing many misunderstandings around pension tax relief, including workplace contributions and government top-ups. How well do you understand the pension tax relief available to you?
HMRC loses on child benefit tax
A recent Upper Tribunal case has raised questions about HMRC’s approach to collecting tax on child benefit.
Claim your tax relief for working from home
If you have been working from home during the pandemic, don’t forget you could be due some tax relief.
Company cars – rolling downhill?
The traditional popularity of the company car perk wanes with 30,000 fewer vehicles on UK roads.
What price our tax reliefs?
Recently released figures show the billions of pounds ‘lost’ to the government each year. Some may be in the next Chancellor’s firing line.
Doctors tapering off as pension tax rules bite
Reports of senior doctors and consultants receiving unexpected tax bills after breaching pension annual allowance tapering rules highlight the need for regular reviews.
A popular peak for venture capital trusts
VCT investment is at a 10-year high. There may be opportunities early in the tax year to explore your options.