Have you reported all your dividends?HMRC targets company owners HMRC’s latest one-to-many letter, targets company owners who they believe may have failed to declare dividend
Extracting profits from your company.Is your strategy tax efficient? If you operate your business as a personal or family company, you will need to extract
National Insurance Contributions. New Employee Contribution rates from 6 January 2024. It was announced at the time of the Autumn 2023 Statement that the main
Autumn Statement 2023. Key announcements. The Chancellor, Jeremy Hunt, presented his Autumn Statement on 22 November 2023, focussing on five areas: reducing debt, cutting tax
Christmas parties and gifts. How to keep them tax-free Many employers hold a staff Christmas party and/or give their staff a Christmas gift. By taking
Are your NIC contributions up to date? Check your state pension entitlement. Entitlement to the state pension and other contributory benefits depends on your National
Child Trust Funds – find an unclaimed amount Child Trust Funds are tax-free savings accounts for children. A report published in July this year revealed
Student loan repayments – making payments through Self Assessment If you are within Self Assessment and have a student and/or postgraduate loan in respect of
Electric company cars – reimbursed domestic electricity costs HMRC have recently changed their policy allowing employers to reimburse the cost of electricity used in charging
