What is a P11D and who needs to have one?
The P11D form is a statutory form required to be filed with HMRC by those businesses that provide benefits to their employees that do not go through the PAYE system. You will also need to file a P11D(b)…
MTD for Income tax begins April 2026
The new Making Tax Digital (MTD) rules for Income Tax have now come into effect. If you are self employed or a landlord with turnover of over £50,000 you will need to comply with the new rules and…
Workplace sickness could become a crisis – but it is avoidable
A new report, headed by Sir Charlie Mayfield, the former boss of John Lewis, states that poor health in the workplace is costing UK employers around £85 billion a year, and that employees unable to work due to…
What is an “office frog” and how can you address the issue?
“Office frog” is a relatively new term used to describe employees who often hop between jobs – just as a frog leaps between pads in a pond. The term is usually associated with people in Gen Z –…
Business gifts for Christmas
Are you thinking of giving a business gift for Christmas? If so, make sure you know the tax implications before it ends up costing you more than you originally thought. Christmas is not that far away and you…
Budget 2025
Last week saw the second Budget by the Labour Government, much of which did not come as a big surprise. Not all the announcements made will apply directly to you, so below we have broken down the main…
Is the Christmas party tax allowable?
It may be several weeks away, but many of us will have already booked our work Christmas parties and functions to celebrate. But what are the costs to your business of the Christmas party and what is tax…
Almost £2m of laptops and phones have been lost by HMRC
A freedom of information request made to HMRC has revealed that its staff has lost almost £2 million worth of laptops and mobile phones since 2021. Over 3,500 devices have been reported as lost, including 507 laptops and…
Is there VAT on public transport?
Clients often ask us what VAT is applied to public transport, and what they can claim back on their VAT returns as input VAT. The short answer is, usually nothing. Trains and buses Trains and public buses are…
New verification rules for company directors incoming
There are new security verification rules coming into effect for companies and directors from 18 November 2025. From that date, all new directors and PSCs (persons with significant control) will have to verify their identity before appointment, or…