by MAS | Dec 29, 2023 | Business advice, Financial news, HMRC, Self Assessment, Self employed
SELF-ASSESSMENT Historically, you may have had to file a tax return if your income exceeded the point where the personal allowance starts to be tapered away. This has changed for 2023/24. In the past, HMRC has insisted on issuing returns for the following reasons,...
by MAS | Dec 19, 2023 | Financial news, HMRC, VAT
HMRC has announced an extension to the materials qualifying for the VAT zero rate from 1 February 2024. What’s the full story? The government often uses tax policy to encourage the use of energy efficient/otherwise environmentally friendly technologies. Currently, the...
by MAS | Dec 1, 2023 | Business advice, Financial news, HMRC
The advisory fuel rates published by HMRC set fixed amounts that can be paid to an employee using a company car for business mileage, without income tax consequences. It’s possible to use a higher rate, but you must show that the actual fuel cost per mile is...
