HMRC updated guidance on work travel

Travelling from home to an employee’s normal workplace does not qualify for tax relief. This is referred to as “ordinary commuting and, furthermore, if the costs of the journey are reimbursed by the employer, those costs are taxable. There are exceptions to this rule,...

How do I pay HMRC?

We often have clients contacting us to request payment details for HMRC, but we need to be mindful that emails can be intercepted by fraudsters. This type of scam is very common, so be wary of receiving bank details from anyone via email.  Instead, always get the...

How do I give my accountant authority to deal with HMRC?

You’re ready to say goodbye to the burden of doing your own business taxes. We’re here to make your life easier and give you back the hours spent on financial admin. However, before we can do that, you’ll need to officially authorise your accountant or us as your VAT...

Should employees reimburse their employer for private fuel?

Should employees reimburse their employer for private fuel? The table below sets out the HMRC advisory fuel rates that apply from 1 June 2023. These are published quarterly these days due to the volatility in petrol and diesel prices in recent years. Where the...

Spring Budget – Business Taxes

This blog focuses on the business related taxes main points of Chancellor’s Jeremy Hunt first Budget to Parliament, or Spring Budget, presented on15 March 2023. BUSINESS TAXES   National Insurance Contributions (NIC) for the self-employed in 2023/24 Self-employed...