The table below sets out the HMRC advisory fuel rates from 1 June 2024. These are the suggested reimbursement rates for employees' private mileage using their company car. When…
Read moreAs highlighted in the ‘HMRC Official Rate of Interest Remains At 2.25%’ article, the HMRC rate of interest on beneficial loans looks quite attractive compared to the Bank of England…
Read moreHMRC has announced that the official interest rate will remain at 2.25% for 2024/25, despite the Bank of England Base Rate currently standing at 5.25%. This official rate is used…
Read moreWhere a company car is provided for use by an employee or director there is a benefit in kind taxable on the employee based on the vehicle’s original list price…
Read moreThe deadline for reporting shares and securities and share options issued to employees for 2023/24 is 6 July 2024. This is the same as the deadline for reporting expenses and…
Read moreP11d forms for reporting expenses and benefits in kind provided to employees and directors in 2023/24 need to be submitted by 6 July 2024. It is important to note that…
Read moreSquare Point of Sale (POS) systems have become incredibly popular since they launched in 2017. The little square card reader now appears everywhere from busy restaurants to coffee carts outside…
Read moreEvery small business starts as a seed, full of potential but needing careful nurturing to flourish. Growing your business requires a strategic approach, but it doesn't have to be overwhelming.…
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