Category Archive HMRC

Is your business running a workplace nursery scheme? Key steps to remain tax compliant 

July 23, 2024 Comments Off on Is your business running a workplace nursery scheme? Key steps to remain tax compliant  By Joshua Leigh & Co

HM Revenue & Customs (HMRC) has recently issued a warning to employers regarding the proper use of workplace nursery schemes.  

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AI in tax investigations – What does it mean for you?

June 5, 2024 Comments Off on AI in tax investigations – What does it mean for you? By Joshua Leigh & Co

Artificial intelligence (AI) is undoubtedly a major trend in accountancy and tax, with many firms, business clients and Government agencies recognising its benefits and adopting it.

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Earning between £100,000 and £150,000? Your tax return is changing

May 15, 2024 Comments Off on Earning between £100,000 and £150,000? Your tax return is changing By Joshua Leigh & Co

If you’re a high earner with between £100,000 and £150,000 in net adjusted income, you’ll soon receive a letter from HM Revenue & Customs (HMRC) regarding whether you need to continue submitting a Self-Assessment tax return.

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Changing your VAT details? Remain vigilant over latest fraud activity

May 7, 2024 Comments Off on Changing your VAT details? Remain vigilant over latest fraud activity By Joshua Leigh & Co

HM Revenue & Customs (HMRC) has issued a warning to businesses over fraudulent attempts to access VAT repayments via postal form VAT484.

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HMRC has clarified tax rules on commuting for hybrid and remote workers

April 24, 2024 Comments Off on HMRC has clarified tax rules on commuting for hybrid and remote workers By Joshua Leigh & Co

In a recent statement, HM Revenue & Customs (HMRC) has clarified travel from an employee’s home to their base office under a hybrid working arrangement does not qualify for tax relief.

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Ahead of the 6 July deadline, remember that P11D rules are changing

April 23, 2024 Comments Off on Ahead of the 6 July deadline, remember that P11D rules are changing By Joshua Leigh & Co

If you choose to offer certain benefits to your employees, then you may incur additional Class 1 National Insurance (NI) liabilities which must be reported to HM Revenue & Customs (HMRC).

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What are the benefits of using the HMRC app?

April 11, 2024 Comments Off on What are the benefits of using the HMRC app? By Joshua Leigh & Co

The HM Revenue & Customs (HMRC) app was launched in 2023 and has quickly become a key tool for many, with over 80 million interactions.

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Due a tax rebate? Keep an eye on your account

April 9, 2024 Comments Off on Due a tax rebate? Keep an eye on your account By Joshua Leigh & Co

In a new initiative designed to reduce paper use and unnecessary confusion, HM Revenue & Customs (HMRC) has announced a significant change to the way that taxpayers are notified of a repayment.

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Have you used your capital allowances this financial year?

March 19, 2024 Comments Off on Have you used your capital allowances this financial year? By Joshua Leigh & Co

With 5 April fast approaching, the pressure is on to make sure that you’ve used all capital allowances available to you in this tax year to reduce your tax bill.

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HMRC U-turns on its double cab pickups tax decision

February 20, 2024 Comments Off on HMRC U-turns on its double cab pickups tax decision By Joshua Leigh & Co

HMRC surprised all taxpayers who own a double cab pickup as a company vehicle on 12 February by announcing that these vehicles would be classified as cars and not vans, which would have led to higher National Insurance Contributions (NICs) for owners.

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