Category Archive Tax

So, you want an electric company car? The tax perspective

January 19, 2024 Comments Off on So, you want an electric company car? The tax perspective By Joshua Leigh & Co

Environmental consciousness is becoming more and more aligned with business operations, and electric vehicles (EVs) are becoming a popular choice for company cars as a result.

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Payroll tax obligations – Have you got it covered?

January 16, 2024 Comments Off on Payroll tax obligations – Have you got it covered? By Joshua Leigh & Co

If you employ one or more people for paid work, it’s essential that you have a properly managed payroll.

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Working remotely – What are the tax implications?

January 11, 2024 Comments Off on Working remotely – What are the tax implications? By Joshua Leigh & Co

Working remotely has increased since the Covid pandemic, with 12.7 per cent of employees now working full-time from home in 2023.

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HMRC sets its sights on unpaid crypto tax

As the crypto asset sector grows, with an annual growth rate predicted to reach around 12 per cent, taxpayers with digital assets need to remain tax compliant.

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Tightening the reins on ‘side hustles’ – Navigating HMRC’s new powers

January 3, 2024 Comments Off on Tightening the reins on ‘side hustles’ – Navigating HMRC’s new powers By Joshua Leigh & Co

HM Revenue & Customs (HMRC) is now using new powers granted to them by the Government to target a key area of tax evasion – online traders.

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What tax benefits do hybrid vehicles offer businesses?

December 19, 2023 Comments Off on What tax benefits do hybrid vehicles offer businesses? By Joshua Leigh & Co

Hybrid vehicles are becoming an increasingly attractive option for businesses.  

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Implications for businesses amid soaring pension tax relief

December 13, 2023 Comments Off on Implications for businesses amid soaring pension tax relief By Joshua Leigh & Co

Recent statistics reveal a significant increase in the amount of annual pension tax relief, exceeding £50 billion for the first time.

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Understanding Inheritance Tax and the implications for your finances 

December 7, 2023 Comments Off on Understanding Inheritance Tax and the implications for your finances  By Joshua Leigh & Co

Inheritance Tax (IHT) can be a sensitive and uncertain topic when discussing with loved ones, but it is something that cannot and should not be avoided. 

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Understanding Capital Gains Tax on property investments

December 6, 2023 Comments Off on Understanding Capital Gains Tax on property investments By Joshua Leigh & Co

Investing in property can be a lucrative venture, but it’s essential to understand the implications of Capital Gains Tax (CGT) on these investments to protect your investments from unexpected costs. 

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Year-end tax planning strategies for #SmallBusinessSaturday

November 30, 2023 Comments Off on Year-end tax planning strategies for #SmallBusinessSaturday By Joshua Leigh & Co

As we approach the 31 January 2024 tax return deadline, it’s crucial for sole traders, to be well-prepared and aware of your obligations.

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