Tax

As we approach a new tax year and the introduction of some updated allowances, we highlight various tax planning opportunities to consider before 5 April 2024.

HMRC reverses course on classifying double cab pickups, keeping them as vans for tax purposes following industry feedback. This decision relieves employers and industries dependent on these vehicles from potential tax burdens.

The risks arising from an HMRC investigation have substantially increased, making a tax investigation all the more painful for those who make errors in their self-assessment tax returns and payments.

The Government will be making it mandatory to use payroll software to report and pay income tax and Class 1A National Insurance on benefits in kind.

If you’ve recently moved to or from the UK, have you considered how this will affect your tax position?

Our employment tax and VAT teams look at the direct tax and VAT implications associated with staff gifts to make sure that tax liabilities don’t arise.

Our employment tax team looks at some common scenarios around the charging of electric vehicles and how this affects the tax situation for employers.

We look at the tax implications of gifting, including inheritance tax and capital gains tax.

Companies House has recently announced changes to filing requirements for small companies.

We look at the VAT aspects of electric vehicles and the impact on businesses, specifically around VAT recovery and compliance.