Kick off summer staff parties tax free!

Categories: Tax

With the World Cup imminent, many work places will be hosting football-themed parties for their staff this summer. ICAEW is reminding employers that these parties can potentially be tax-free this…

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Fixed rate expenses

Categories: Expenses

Legislation has just passed through Parliament which allows the use of ‘simplified’ fixed rate adjustments to the profit figure used to calculate income tax liabilities. The use of fixed rate…

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£900 in daily penalties

Categories: Money

If you are among the half a million people who still haven’t sent their 2010/11 tax returns to HM Revenue & Customs (HMRC), you will receive an additional penalty letter…

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