Category Archives: Taxable Benefits

R&D Changes April 2023

R&D

There has been a lot of chatter on Robson Laidler’s website and social media regarding R&D and the changes that have recently taken place. Whilst these changes have been notable, they are not exactly radical to the point where you need to rethink your entire R&D strategy. However, the additional […]

VAT Disaggregation

VAT Disaggregation

Usually, the mention of VAT makes people groan and mumble, probably because everyone has to pay it, whether it’s to fill up your car, ordering a pint, or even on a packet of Rolos as a treat for yourself (or maybe your kids if you’re feeling generous).   There are […]

Opticians – tax considerations

Eye Tests

One of the popular questions we get asked is about the provision of free eye tests and glasses by employers.   Currently, the Display Screen Equipment (DSE) Regulations state that, if you are a regular user of visual displays and need an eye test, your employer must pay for the […]

L – Land and Property

Land and Property

Land and property are usually the most expensive assets a person will own throughout their lifetime, whether it is their home, their business premises, or even a holiday getaway in the country. As a result, they often attract the largest tax bills a person might have to pay.   These […]

Home expenses – tax considerations

Home Expenses

At the start of the pandemic HMRC introduced several tax concessions to provide additional support to employees working from home but what are the tax implications of these additional perks?   In the 2020/21 tax year, as an employee you may have received extra support from your employer to enable […]

The Autumn Budget Changes to Pensions

The Autumn Budget Changes to Pensions

If you have a UK pension then you may need to be aware of three important changes that were announced in the recent Autumn Budget:   No 1.  The change to the age that you can take an income from an invested pension. We’ve been mentioning this to our clients […]

Gifts – tax considerations

gift tax issues

There are fewer than 100 days left until Christmas where the season of goodwill, merriment and office parties will creep upon us once more. You may wish to consider the tax liabilities associated with gifts. Many companies view gifts as an ideal means of promoting their business and boosting morale […]

Capital Allowances

Capital Allowances

Capital allowances are one of the most complex areas within UK tax legislation. A lot of the rules originally came from case law until the various decisions were legislated within the Capital Allowances Act of 2001. Broadly speaking, capital allowances are a tax-approved form of depreciation.  Whereas accounting principles allow […]

Clothing – can clothing for work be set against a tax bill?

Many of us buy clothing that, in reality, we only wear for work – and we are often asked if the cost of these clothes can be set against the tax bill. The short answer is no: HM Revenue & Customs is adamant that such expenditure has a purpose not […]