Newsletter issue – August 2017. 2 – Last day for car change notifications in the quarter to 5 July – Use P46 Car 19/22 – PAYE/NIC, student loan and CIS deductions due for month to 5/8/2017

Newsletter issue – August 2017. Q. My wife has a part time job but doesn’t earn enough to pay tax. Can she get tax relief on contributions made to a pension scheme? A. Yes, even if you are not earning enough to pay income tax, you still qualify to have tax relief […]

Newsletter issue – August 2017. There are various reasons as to why gaps may arise in an individual’s national insurance contributions (NIC) record, for example, because that person has been on low earnings for several years, they have been living abroad, or because they have been unemployed and have not […]

Newsletter issue – August 2017. Many small, unincorporated businesses choose to use the ‘cash basis’ for working out taxable income. Under this method, participants will be taxed on the basis of the cash that passes through their books, rather than having to undertake complex and time-consuming calculations designed for larger […]

Newsletter issue – August 2017. Some confusion has been reported over how businesses should calculate mileage expenses rates for electric and hybrid company cars. This confusion has arisen largely because HMRC’s advisory fuel rates, or approved mileage allowance payments, only cover petrol and diesel cars. There are no separate ‘approved’ […]