P11D – Employers return of Directors / Employee’s Expenses and Benefits in Kind
It is time to prepare the Forms P11D and P11D(b) for the 2021-22 tax year. The Forms are the employer’s responsibility. They are required for directors or employees who are provided with benefits or for whom you pay or reimburse non-deductible expenses. The Forms P11D...
Making Tax Digital for VAT
Most UK businesses that were VAT registered on a compulsory basis were obliged to sign up for ‘Making Tax Digital’ (MTD) from April 2019. At that time, there were exemptions available including any person or entity that had a voluntary VAT registration....
Tax on Airbnb Income
More and more individuals are now renting out rooms in their properties through intermediaries such as Airbnb. Often, it will provide an easy way to generate additional income. Many individuals may not realise that there can be taxation implications in these...
Tax Rates and Allowances 2022/23
Download our Guide – Tax Rates and Allowances 2022/23
