When you complete your tax return for 2017-18, make sure you consider the following expenses. Sometimes they are overlooked. Approved subscriptions you are required to pay to professional organisations. You must have membership to do your job or it’s helpful for your work. You can’t…
Month: April 2018
It is benefits time once again
This is the time of year that employers and employees deal with the reporting of Benefits in kind. Taxing times… The provision and use of company cars features in many of these returns, both the use of the car, and if provided, the cost of…
Do not forget to report Benefits in Kind
HMRC posted the following reminder on their website the first day of the new tax year: Employers need to report all Benefits in Kind (BiKs), including those under the Optional Remuneration Arrangements (OpRAs), to HMRC on form P11D from today (6 April 2018), unless they…
Borderline benefits
Now that Scotland and Wales have their very own stamp duty taxes buying a house in the border areas between Wales and England, and Scotland and England, raise some interesting planning options. Consider Llanymynech, a village that straddles the border between Powys (Wales) and Shropshire…