The HMRC review (and change) the advisory fuel rates every 3 months, these rates apply to vehicles running on Petrol, LPG and Diesel and are to be used for company cars only. Where a car is hybrid it is treated as either petrol or diesel. The advisory fuel rate for electric cars is 4 pence […]
HMRC Advisory Fuel Rates Read More »
Are you making the most of your tax allowance? Are you married or in a civil partnership? I hope you don’t mind the question, but if you are married or in a civil partnership you could save yourself some money by paying a little less tax. The government introduced the Marriage Allowance from 6th April
Marriage Allowance – Are you paying too much tax? Read More »
Since April 2016 the Employment Allowance has been £3,000 per tax year for all employers with the exception of single director businesses. This is due to change again from the 2020-21 tax year, as with the previous change this will benefit some business and disadvantage others. What is changing? The Employment Allowance is now worth
Employment Allowance Changes April 2020 Read More »
We are now a week on from National Payroll Week 2018 and we had a great time helping to raise the profile of payroll in the UK. The highlights were a visit to the House of Parliament for the launch event with CIPP. Wandering through the history of our country and seeing both how much
National Payroll Week 2018 – Visiting the House of Parliament Read More »
The 2018 National Payroll Week is due to take place from the 3rd – 7th September. The event originally started to raise the profile of the payroll industry in the UK and to show the impact that payroll has on our economy with £4.46bn being collected through income tax (PAYE) and national insurance each year.
National Payroll Week 2018 Read More »
No, I am not running a couple of months late, I am actually a little early. I am talking about the most important ‘new year’ in my calendar, the New Tax Year! 6th April is the big date in all payrollers calendars and impacts every employer. It is the date that can not be selected
Retaining good quality employees can be difficult, for years larger employers have been doing this by providing their employees with perks, or benefits. Smaller employers are starting to join in and are looking into providing benefits to employees but can be concerned about the extra red tape and have to consider not only the cost
Employee Benefits and how to deal with them Read More »
The HMRC have launched a new online forum and dedicated webchat service for small businesses and the self employed. The forum is designed to give users quick answers to tax questions as well as help with issues that may arise when starting a business, taking on new employees and completing tax returns. The Financial Secretary
HMRC set up new forum for Small Businesses Read More »
An extract of the article about Wallis Payroll in this months All Things Business magazine. All Things Business spoke with Andi Herrington, Director of Payroll Services at Wallis Payroll about the beginnings of Wallis Payroll, what they provide and why businesses should choose Wallis Payroll for their payroll requirements… Tell us where Wallis Payroll came
All Things Business Read More »
In advance of next weeks 31st January the HMRC has released a list of the latest extravagant items which have been claimed as expenses on self assessment tax returns. These examples are all from the 2014-15 returns, we will have to see if those of the 2015-16 tax year can compete. 1. Holiday flights to
Most Optimistic Self Assessment Expense Claims Read More »
