employer returns Archives - Page 3 of 13 - Whitefield Tax - Isle of Wight Accountants

P11D: avoid late-submission penalties

by Jessica Garbett | Jul 1, 2024 | ACCA, business taxation, employer returns

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Why it pays to be on time – plus reasonable excuses for appealing HMRC can charge penalties if P11D Expenses and Benefits are not received by...

Benefit in kind rules for loans

by Jessica Garbett | Jun 18, 2024 | ACCA, business taxation, employer returns, personal taxatation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Understand the basics of interest-free loans for P11D purposes An interest-free loan to an employee (or director) is chargeable to tax if it...

Living accommodation as a taxable benefit

by Jessica Garbett | Jun 11, 2024 | ACCA, business taxation, employer returns, personal taxatation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA A review of this benefit in kind, including proforma examples A charge to tax (ITEPA 2003 Part 3 Chapter 5) arises when an employee is...

Unexpected payroll consequences of the leap year

by Jessica Garbett | May 21, 2024 | ACCA, business taxation, employer returns, personal taxatation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Extra day in February could trigger unexpected tax bills for weekly-paid workers with a 53-week pay cycle In the 2023/24 tax year, there are...

Get ready to payroll benefits

by Jessica Garbett | May 10, 2024 | ACCA, business taxation, employer returns

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA As employers look to do more and more to attract and retain workers in what remains a hot labour market, many of them turn to benefits. From...

Double Cab Pick-ups – Changes Announced and Withdrawn

by Jessica Garbett | Feb 26, 2024 | business taxation, employer returns

Update – November 2024 – Autumn 2024 budget has reversed the situation below, and Double Cab Pick-ups are now reclassified as Cars Double Cab Pickups – Change in Autumn Budget 2024 A rather bizarre situation recently. HMRC recently announced a change...

« Older Entries

Next Entries »

P11D: avoid late-submission penalties

Benefit in kind rules for loans

Living accommodation as a taxable benefit

Unexpected payroll consequences of the leap year

Get ready to payroll benefits

Double Cab Pick-ups – Changes Announced and Withdrawn

Register for our Newsletter

Whats Current?

Latest News

Search News by Date or Category

From our daughter business YogaTax