Feb 20, 2020 | Business Tax
Small businesses want lower business rates and a delay to the off-payroll rules extending to the private sector in next month's Spring Budget. A report from the Federation of Small Businesses (FSB) claimed new chancellor Rishi Sunak has a chance to "illustrate his...
Dec 3, 2019 | Business Tax
New advisory fuel rates are in play for employees' usage of company cars, following the latest quarterly update. As of 1 December 2019, the following advisory fuel rates are in place for petrol and LPG-fuelled company cars. Engine size Petrol (per mile) LPG (per mile)...
Nov 8, 2019 | Business Tax
Buy-to-let landlords prefer to purchase residential properties through a limited company, regardless of the size of their portfolio. Foundation Home Loans (FHL) claimed that 62% of landlords with up to ten properties bought homes via a limited company in the three...
Nov 7, 2019 | Business Tax
A report into the controversial loan charge may not be published until after a deadline for settlements with HMRC has passed. Up to 50,000 people whose employers had paid them through loans from offshore trusts dating back to 1999 were warned earlier this year they...
Nov 4, 2019 | Business Tax
The Treasury Committee believes the current business rates system in England and Wales is "broken" and in "urgent need of reform". Business rates are a tax on property used for business purposes, and calculated based on a property's estimated value on the open market....