by admin | Mar 10, 2020 | Albert's Knowledge Share, HMRC, Self Employed, Tax
Employees are required to pay income tax on any benefits that they receive from their employer. The benefit in kind for company cars is calculated based on the car’s C02 emissions and the list price of the vehicle. From 6 April 2020, the benefit in kind for fully...
by admin | Dec 12, 2019 | Albert's Knowledge Share, Business, Self Employed, Tax
£150 per head for annual functions Annual : meaning that it must be an event that happens every year. If you don’t generally have a Christmas party but decide to say celebrate 10 years in business then this would not satisfy the rules of the exemption. £150 per...
by admin | May 14, 2019 | Accountancy, Cumbria, Tax
New partner at Robinson Udale Daniel Roper – BA (Hons), CA Danny joined Robinson Udale in April 2019 as a partner with 11 years in-practice experience. Danny graduated from Northumbria University in 2008 with a degree in accountancy and joined a top four...
by admin | Feb 26, 2019 | HMRC, Tax
Moore Stephens has revealed that the generational divide between baby boomers and younger generations has further widened as the income tax burden “rapidly shifts”. “Recent tax changes help baby boomers more than millennials,” the firm stated. In the last year, the...
by admin | Nov 6, 2018 | HMRC, Self Employed, Tax, The Budget
Most to pay less from April 2019 Most people will pay less income tax from next April after the personal allowance and higher rate tax thresholds were both increased in the Budget – but higher earners will see part of the gain cancelled out by stealth rises to...
by admin | Sep 3, 2018 | Albert's Knowledge Share, Self Employed, Tax, Tax Planning
The Marriage Allowance enables eligible couples to receive a government tax break worth more than £200 each year. But many may be deterred from claiming as they believe they earn too much How does the Marriage Allowance work? The Marriage Allowance for both...
