A reminder of trivial benefit rules
We wanted to remind readers of the trivial benefits in kind (BiK) rules. The BiK exemption applies to small non-cash ...
Read More
Read More
Mandatory vaccination for frontline health and social care worker
The government has published its response to its consultation on making COVID-19 vaccination a condition of deployment for frontline workers ...
Read More
Read More
VAT business test
There are a number of conditions that must be satisfied in order for an activity to be within the scope ...
Read More
Read More
Tax treatment of incentive scheme awards
Some companies use incentive award schemes to encourage their employees in various ways. For example, to sell more of their ...
Read More
Read More
What can be transferred between group members?
Corporation Tax relief may be available when a company or organisation makes a trading loss. Companies that are eligible for ...
Read More
Read More
Reporting COVID support scheme grants to HMRC
Most COVID support scheme grants are treated as taxable income in the same way as other taxable receipts and need ...
Read More
Read More
Vehicles eligible for a plug-in grant
The low-emission vehicles plug-in grant can help you save up to £2,500 on the purchase price of new low-emission vehicles ...
Read More
Read More
Vehicles exempt from Vehicle Excise Duty
Vehicle Excise Duty (VED), also commonly referred to as vehicle tax, is an annual tax levied on owners of most ...
Read More
Read More
Switching between film and TV reliefs
Film tax relief (FTR) can increase the amount of expenditure that is allowable as a deduction for tax purposes or, ...
Read More
Read More