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Reminder to look out for tax credit renewal packs

Reminder to look out for tax credit renewal packs

HMRC is currently sending the annual tax credit renewal packs to some 1.5 million tax credit claimants and is encouraging recipients to renew their tax credits claim online. HMRC started writing to taxpayers on 2 May and expects all packs to be with recipients by the...
Landlord responsibilities

Landlord responsibilities

There are a number of responsibilities that fall on a landlord that is renting out a property.  These include the requirements to: keep rented properties safe and free from health hazards; make sure all gas equipment and electrical equipment is safely...
Company cars – working out taxable value

Company cars – working out taxable value

Where an employee with a company car is provided with fuel for their own private use by their employers, the default position is that the employee is required to pay the car fuel benefit charge. The charge is determined by reference to the CO2 rating of the car,...
Your tasks if a VAT-registered business

Your tasks if a VAT-registered business

The taxable turnover threshold that determines whether businesses should be registered for VAT is currently £85,000. Businesses with turnover below this level can also apply for a voluntary VAT registration. Businesses charge VAT on their sales. This is...
More financial support for energy intensive sectors

More financial support for energy intensive sectors

Some businesses could see their bills slashed by as much as 20% off predicted wholesale prices, thanks to further government support launched on 26 April 2023 for sectors using high amounts of energy. Applications have now opened for energy and trade intensive sectors...