Blog
Is it a bird? Is it a plane? No! It’s a company van…or car!
A couple of years ago HMRC took Coca-Cola and several of its employees to court, arguing that that their company vans were in fact, cars. Why? Company car tax. In 19/20 the annual benefit in kind value on a van where there is private use is fixed at £3,430. For a car,...
Fined the right way to draw your pensions
Interesting to see the recent announcement that a major UK Insurance Company has been fined £30million by the Financial Conduct Authority (FCA) in relation to sales of annuity products to clients with maturing pension policies. The Company’s failure relates to the...
The Crown of Crucis
On what appears to be the hottest day of the year so far what better way to ‘keep cool’ than have lunch out somewhere with a beer garden! Having just parked up to meet Ian at our Cirencester office he suggested we make a short drive down the road to the picturesque...
HMRC start to issue tax calculations
HMRC has started to issue tax calculations and simple assessments for those taxpayers that are not required to file annual tax returns to ensure they have paid the correct tax for the year ended 5 April 2019. As with any correspondence you receive from HMRC I would...
Another implication of Brexit for employers
Are you an employer? Do you have any employees that are EU, EEA or Swiss citizens? If so, the following may be of interest to you. HMRC have estimated that more than two thirds of EU citizens in the UK are currently here for work. When the UK finally leaves the EU...
State pension forecast – is it reliable?
When preparing a client’s annual self-assessment tax return, where applicable, we recommend that they get a state pension forecast so that they are aware of what state pension they may be entitled to when they reach state pension age. It is also an opportunity to...
Get in touch
We’re always happy to hear from new and existing clients