Advisory fuel rates for company car users for petrol and diesel vehicles rise by up to 28% as fallout from war in the Middle East continues to reverberate across forecourts
Greg McNally, managing partner at VITA, examines the complexities of implementing the reduced 5% summer VAT rate on kid’s meals and attractions at short notice with tips and advice on what businesses need to do
April tax figures show big increase in income tax and capital gains tax as HMRC pulls in more revenue from high tax burden, and huge hikes at the forecourt see more VAT going to the Treasury
Summer cuts to VAT to 5% for children’s meals across hospitality sector and visitor attractions, tax free mileage rate increased and foreign branch exemption removed for oil and gas sector
When the salary sacrifice NI threshold is capped at £2,000, there will be hidden costs for employers and staff alike, as the change cuts across different income bands, warns Adele Clapp, tax director at Bishop Fleming
After NS&I admitted it ‘misplaced’ £367m in customer savings, interim chief executive and ex-HMRC boss Sir Jim Harra issues apology with planned tax exemption