Tax | HMRC increases beneficial loan rate to 3.75%

Directors and employees in receipt of loans from their companies and employers will have to pay a higher interest rate from April for loans calculated using ‘precise method’

11 Mar 2025

Tax

Business Tax

Personal Tax

HMRC

Tax Compliance

Tax | Handy HMRC tool to calculate tax due on savings interest

As thousands breach annual tax free savings allowances, HMRC has launched a useful tool to work out how much tax is payable on savings interest and dividend income 

7 Mar 2025

Tax

Personal Tax

HMRC

Tax Compliance

Tax Planning

Tax | Register for webinar on national minimum wage pitfalls

Sign up for our webinar on pitfalls for employers: deductions of national minimum wage on 11 March

6 Mar 2025

Tax

Employment Tax

HMRC

Tax Compliance

HR

Work

Training & CPD

Tax | Online side hustlers sent HMRC letters about unpaid tax

HMRC has started sending letters to online sellers and side hustlers it suspects of not paying tax or disclosing sales on online platforms in 2022-23, giving 30 days to respond

5 Mar 2025

Tax

Personal Tax

HMRC

Tax Compliance

Tax | Top five year end tax tips for self employed

With a month to go until 5 April cut-off, the experts at Hargreaves Lansdown provide their top advice on how to minimise tax bills with some clever pension saving ideas and tax free ISA tips 

5 Mar 2025

Tax

Personal Tax

Tax Compliance

Tax Planning

Tax | Q&A: capital allowances on dual control vehicles

In this week’s Q&A, our Croner-i VIP Tax Team adviser Celendrika Marcos, explains which allowances can be claimed for a company vehicle partly used for personal travel

4 Mar 2025

Tax

Business Tax

Employment Tax

Tax Compliance

Tax | Lloyds to replace Barclays as HMRC banker

HMRC is planning to end an eight-year agreement with banking giant Barclays in a switch to Lloyds Banking Group as one of its trio of banks

3 Mar 2025

Tax

HMRC

Tax Compliance

Tax | Don’t lose out on tax free allowances before 6 April

Anyone with spare cash needs to make sure they are using their tax exemptions and reliefs before 6 April, including inheritance tax gifting, crystallising gains to reduce CGT liability and topping up pension contributions

3 Mar 2025

Tax

Personal Tax

Inheritance Tax

Tax Compliance

Tax Planning

Tax | Tax filing deadlines: Mar to Sep 2025

Essential tax deadlines at a glance including corporation tax return due for year ends 31 March 2024

3 Mar 2025

Tax

HMRC

Tax Compliance

Tax Planning

Tax | CPD module: inheritance tax changes from 4 April 2025

In this month’s exclusive free CPD module, we explain the inheritance tax changes due to come into force from 4 April 2025

3 Mar 2025

Tax

Inheritance Tax

Tax Compliance

Tax Planning

Tax | Webinar on tax planning for buy to let properties

Paying too much tax on your property portfolio? Get the inside track at our webinar on 4 March

28 Feb 2025

Tax

Property Tax

Tax Compliance

Tax Planning

Tax | Landlords set to receive Making Tax Digital letters

HMRC plans to start sending letters to taxpayers affected by introduction of Making Tax Digital for income tax advising them they will have to report quarterly

26 Feb 2025

Tax

Making Tax Digital

Personal Tax

Property Tax

HMRC

Tax Compliance

Tax | Q&A: tax and shareholder loan waiver

In this week’s Q&A, our Croner-i VIP Tax Team explains tax and capital loss implications when director wants to waive shareholder loan when selling business

25 Feb 2025

Tax

Business Tax

Personal Tax

Tax Compliance

Tax Planning

Tax | HMRC advisory fuel rates for company car users from 1 March 2025

Advisory fuel rates for company users of petrol and diesel cars have been slightly tweaked, while electric rates are unchanged

24 Feb 2025

Tax

Business Tax

Personal Tax

HMRC

Tax Compliance

Tax | Do you qualify for R&D tax relief? How to give a straight answer

With HMRC watching R&D claims like a hawk, Richard Edwards, founder of the R&D Community explains how to submit a claim, understand abstract definitions and make a claim as watertight as possible

24 Feb 2025

Tax

Business Tax

HMRC

Tax Compliance

Tax Planning