Faced with the daunting challenge of ensuring that all employee reimbursements are legitimate and tax compliant, many businesses find themselves taking their eye off the ball as focus is placed on less troublesome areas.
When Simon Coughlin and Mark Reynier took a punt and bought the historic Bruichladdich whiskey distillery on Islay in 2002 they couldn’t have imagined the roller-coaster journey they’d go on.
As part of our Fleet For Growing Businesses hub we’re taking a look through the A-Z of key business fleet terms, so what is there to learn about personal use of company vehicles?
Businessman Alan Sugar has taken to Twitter ahead of the 8 June general election to criticise Labour and Jeremy Corbyn alongside showcasing his annual tax bill.
Comparing it to the drastically different way people consumer media, Tracy Ebdon-Poole has some thoughts on how Making Tax Digital implementation will work.
In its haste to gain Royal Assent before June’s general election, the Finance Bill saw over half its contents removed. But the intent to crack down on tax avoidance still permeates its pages. So it doesn’t hurt to understand what that entails – and what the difference between tax avoidance and tax evasion is.
Launched in 1994 and 2012, EIS and SEIS have encouraged investors to back riskier businesses by providing access to income tax and capital gains tax relief, but now the much heralded funding method is on the decline.
Lee Murphy, owner of accountancy software Pandle, provides some crucial guidance on how to identify a fake HMRC letter – saving you from big losses.
While the self-employed helped Britain’s economic recovery, Charlie Mullins believes legislation is needed to ensure the paying of tax is better monitored.
It’s impossible to ignore the rise of the gig economy, so RJP’s Anne Eager explains how HMRC will go about tackling this new tax collection quandary.
Vernon Dennis explains why, despite the UK tax gap being at a record low, HMRC has placed SMEs in its crosshairs as a way of reducing it even more.
The government and Federation of Small Businesses (FSB) are being held by the Treasury committee to task over the projections made for the financial impact of Making Tax Digital to small businesses.