New research from the Bank of England has shown that Britain’s businesses are feeling more confident and are planning to invest more in the months ahead.

While changes affecting private residential landlords have made headlines in recent years, the ATED regime is a significant cost for companies, LLPs and partnerships that own a UK residential property valued at more than £500,000.

With the clocks now having sprung forward and the new tax year upon us, what better time to give your business’ finances a spring clean?

Payments in Lieu of Notice (PILON), one aspect of a typical redundancy payment, alongside compensation for loss of employment, is set to lose its tax-free exemption, which currently applies to payments of up to £30,000, where it is not a … Continue reading →

If you provide cars to your employees for their own private use, you will need to report this to HM Revenue & Customs (HMRC) using form P11D at the end of the tax year.