Whether you’re environmentally conscious or just after something practical – the choice of electric car models has skyrocketed over the last year or so. More and more well-known brands have launched their own take on electric cars to try and complete with the market leader – Tesla. Not only is […]
Category Archives: Tax
06
May
May
As the 2021 Tax Return gears up, HM Revenue & Customs has confirmed that it will issue harsh penalties to tax payers who have incorrectly claimed SEISS, and subsequently not taken advantage of opportunities to voluntarily repay the excess amounts. The rules state that overpayments must be notified to HMRC […]
05
May
May
“Should I get a company car?” is probably one of the most asked questions we receive. The fundamental answer revolves around tax efficiency and sustainability. A company car is a way your company can pay you back for your hard work, but you should also consider the purpose and values of […]
Blog, Pensions, Personal Finance, Retirement, Tax, Wealth
Did you reach State Pension age between 6/4/2010 and 5/4/2015?
29
Apr
Apr
Did you reach State Pension age between 6/4/2010 and 5/4/2015? Here is some help on how you can top up any missing years… The DWP has published updated guidance for those who reached State Pension age between 6 April 2010 and 5 April 2015 on how they can top up […]
28
Apr
Apr
The deadline for the submission of personal tax returns is 31 January 2022. As such Robson Laidler’s annual request for tax return information is now being sent to all our personal tax clients. Our Tax Team requests that you please let us have this information as soon as possible. Tax […]
08
Apr
Apr
The dawning of a new tax year commonly sees a flurry of share transfers as business owners seek to ensure their extractions of profits are tax-efficient. However, transfers of shares between family members and employees can hold lots of hidden tax charges. Here are three of the main types […]
31
Mar
Mar
Due to increased activity by fraudsters during the pandemic as they attempt to illegally access Covid-19 grants and loans, HMRC has decided to be more wary when submitting tax (including VAT) payments to taxpayers. Accordingly, HMRC is now writing to taxpayers who have claimed a recent tax refund that is […]
30
Mar
Mar
After the excitement of the Budget and the issue of the Finance Bill, 23rd March was billed as “Tax Day” with the government issuing a raft of consultations and policies. In the end, the day was – correctly – overshadowed by the anniversary of the first Covid-19 lockdown, but as […]
29
Mar
Mar
One of the most striking additions to the March 2021’s Budget Announcement was the introduction of a new “Super Deduction” which offers a 130% writing down allowance on qualifying investments. Although this was heralded as the “biggest business tax cut in British history”, do the headlines translate to big tax […]
18
Mar
Mar
HMRC are now asking certain self-employed people to prove that they are still in business before they can claim the next SEISS grant. This is only for those who have indicated that their business ceased trading in the period from 6 April 2018 to 5 April 2020. A pause in […]