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Incidental overnight expenses
Incidental overnight expenses A tax exemption enables an employer to meet small personal expenses when an employee stays away from home for…
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Making the most of pension tax allowances
Making the most of pension tax allowances Pension savings can be tax efficient as contributions to registered pension schemes, attracting tax relief…
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Trivial benefit traps – Contractual obligations
Trivial benefit traps – Contractual obligations The trivial benefits exemption allows employers to provide employees with low cost benefits free of tax…
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Reporting low emission vehicles – Changes from April 2020
Reporting low emission vehicles – Changes from April 2020 From 6 April 2020, new appropriate percentage bands – and new lower charges…
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Reduced payment window for residential property gains
Reduced payment window for residential property gains Currently, capital gains on the sale of residential property in the UK are reported on…
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Potential benefits of putting a property into joint names prior to sale
Potential benefits of putting a property into joint names prior to sale Where a property qualifies in full for private residence relief,…
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Countdown to restriction of letting relief and final period exemption
Countdown to restriction of letting relief and final period exemption No capital gains tax liability arises if a gain occurs on the…
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Are workers employees?
Are workers employees? It is important to know whether a worker is employed or self-employed as there are many differences in the…
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IT consultant held contract for services
HMRC’s application of the IR35 rules remains ambiguous after an IT contractor successfully appealed to the First Tier Tribunal (FTT) against a…
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Make use of the capital gains tax inter-spouse exemption
Make use of the capital gains tax inter-spouse exemption There are a number of tax concessions available to married couples and civil…
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