Newsletters
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Is your private pension being overtaxed?
Recent press reports suggest that anyone who takes income from their private pension has a better than 50/50 chance of HMRC taking too much tax from it. If you’re planning to draw any of your pension savings, how can you avoid this trap?
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Is your grant income subject to VAT?
Your charity has received a grant to help fund specific projects and you are concerned that the strict conditions imposed make it subject to VAT. Are your concerns justified and what checks can you make to ensure there are no problems?
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Can you reverse payroll tax on perks?
Tax and NI on perks can be avoided by “making good”. This involves the director or employee who received the benefit reimbursing their employer for it. But are you allowed to make good a perk if PAYE tax has already been paid on it?
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Considerations when employing a director’s spouse
A director’s spouse doesn’t currently work and he’s asked you if the company can employ her in an administrative capacity. What do you need to consider and how much can the company pay her?
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Construction industry scheme - what’s the latest?
In a move to prevent or at least reduce tax avoidance, changes to the construction industry scheme (CIS) rules takes effect from April 2024. As a contractor or subcontractor in the industry, what do y
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Has Post Office wrongly claimed tax relief for compensation?
It’s been widely reported that the Post Office wasn’t entitled to tax relief for compensation it expects to pay to sub-postmasters. If that’s the case, might you be in trouble with HMRC if you’ve ever claimed relief for compensation paid to a customer?