How does the March 2021 budget affect you or your company? Fuller Spurling’s tax briefing covering the March 2021 budget – with guidance and information covering all the below areas, explains all. Corporation tax complexity Super deduction for capital expenditure Points mean penalties Relief for business losses Frozen bands and allowances Two new SEISS grants […]
Budget Day, Wednesday 3 March, 2021 Fuller Spurling’s own tax specialists, Amy and Philip, covered live the announcements of one of the most anticipated budgets for years. Their coverage as the day unfolded is covered below here. Plus, you can now watch Philip & Amy’s video review of the Budget’s key takeaways, particularly as they […]
IR35 changes to take effect this April, 2021 Contractors and off-payroll working for the private sector, changes coming in April. Wondering where we are now with IR35, when it applies, what companies it applies to or whether it will be delayed again? You’re not alone. Many of our clients undertake consulting work for their clients […]
Navigating the crisis The Coronavirus (COVID-19) pandemic and associated shutdown has significantly affected many businesses. We know you may be suffering in terms of cash flow and face enormous uncertainty about the future for your business. We will do all we can to help you. In this newsletter we have brought together what you need […]
It pays to look after your staff, including ensuring they get necessary treatment for injuries incurred whilst working – these are the tax rules that impact this help
Do you use the HMRC approved starter checklist when taking on new employees? This form is not optional; all new employees should complete it even if they present a completed form P45.
Tax calculations are now largely automated. When your tax return is submitted the HMRC computer calculates how much tax you owe, or whether a tax repayment is due, and issues a tax statement.
The high income child benefit charge (HICBC) was introduced in January 2013 to claw back child benefit where the highest earner in the family has total net income of £50,000 or more.
There was good news for individual taxpayers in the Budget; the personal allowance will rise from £11,850 to £12,500 on 6 April 2019.
Where an individual works through his or her own personal company to provide services, such as IT consultancy, that company must abide by the “IR35” rules
Every year HMRC reconciles taxpayers’ tax liabilities to the tax reported as paid for the individual via PAYE.
If you have taken a lump sum from your pension fund you may have had excess tax deducted by the pension company, but you can reclaim it.