Budget Newsletter 2021

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01/04/2019
Treasury under pressure to debate probate 'tax'
In its commentary on the economic and fiscal outlook published alongside details of the Spring Statement, the Office of Budget Responsibility (OBR) has pointed out that the government has altered its proposed schedule of fees payable for Read More...
 
Making Tax Digital update
VAT-registered businesses with a taxable turnover above the VAT threshold are required to use the Making Tax Digital (MTD) service to keep records digitally and use software to submit their VAT returns from 1 April 2019. Read More...
 
Employee mileage allowances
Confusion often arises over differing tax treatment of mileage allowances paid to employees using their own cars for business, and those provided with a company car. An employee using their own car for work can claim a mileage allowance from Read More...
 
NMW and NLW increases take effect
New rates for the National Minimum Wage (NMW) and National Living Wage (NLW) (aged 25 and over) apply from 1 April 2019, and employers must ensure that they implement them accordingly. The rates are as follows: Read More...
 
April questions and answers
Q. I have some permanent employees and I also pay temporary workers as and when I need extra help. I understand that changes have recently been made to the rules concerning payslips. Could you please provide some clarification? Read More...
 
April key tax dates
1 - Making Tax Digital mandated for all VAT customers (Except those that have been deferred) Read More...
 
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