Pool car – benefits Are you looking to purchase a car for your employees to use for business trips? You can capitalise on income tax and national insurance tax relief if you provide cars to your employees through a qualifying pool car arrangement. This will...
In her 2025 Budget the Chancellor announced the end of tax deductions for “non-reimbursed homeworking expenses”. Will the loss of the deduction affect you and is there an alternative tax relief you can take advantage of? Job expenses The Chancellor’s...
What sole traders and landlords must do before April 2026. Making Tax Digital for income tax (MTD IT) will become mandatory for many sole traders and landlords from 6 April 2026. It will change how you keep records and report income, and it will affect the way you...
Making Tax Digital – Getting Started Following on the first blog of our ‘Making Tax Digital for Income Tax’ series, this blog is targeted at those of you who have determined that you will be impacted by the changes coming in April 2026 (specifically, those with a...
Double cab pick-up trucks will be treated as company cars for the purpose of benefit-in-kind (BIK) tax and capital allowances from April 2025. Currently, double cab pick-ups that can carry more than 1 tonne are typically classified as commercial vehicles. This has...
The tax treatment of work Christmas parties Limited companies can often claim the cost of staff Christmas parties as an allowable expense. That means you can celebrate with your employees and minimise your corporation tax bill all at once. Also, some functions may be...
