If it matters to you, then it matters to us.

From April 2016, you won’t have to pay tax on interest received up to £1,000 (if you are a standard rate taxpayer), or £500 if you pay tax at the higher rate.

Therefore, to be eligible for…

 Changes to these rates from 1 September 2015 are:

• Petrol: engine size 1400cc or less – 11p per mile
• Petrol: engine size 1401cc to 2000cc – 14p per mile
• Petrol:…

If you are considering, or already are, selling your products and services in the EU, you may want to read the following recent announcement published on the UK government website.

“Emerging…

 1 October 2015 - Due date for Corporation Tax due for the year ended 31 December 2014.

 19 October 2015 - PAYE and NIC deductions due for month ended 5 October 2015. (If you pay your tax…

Readers might be interested to know that HMRC have been consulting with various parties, including the accountancy profession, regarding the way in which they charge penalties to taxpayers who don’t…

HMRC’s opinion on qualifying travel costs is clearly set in their employee travel guide. For instance:

The sort of travel that qualifies for tax relief is travel…

 Parents considering shared parental leave may like to consider the following notes.

 You may be able to get Shared Parental Leave (SPL) and Statutory Shared Parental Pay (ShPP) if:

• your…

Readers are reminded that late filing or late payment of VAT returns can result in costly penalties – in VAT speak they are referred to as default surcharges.

Each time you default HMRC will…

HMRC has collected £1 billion in tax payments from users of tax avoidance schemes as a result of the government’s new rules to collect disputed tax upfront, the Financial Secretary to the Treasury,…