VAT on energy saving materials
The zero rate of VAT has been extended to include the installation of additional energy-saving materials (ESMs) from 1 February 2024.
Warning as HMRC cracks down on R&D tax relief
Businesses are being warned that HMRC is cracking down on potentially fraudulent claims for research and development (R&D) tax relief.
HMRC’s digital transformation revolutionises Child Benefit claims
Whitley Stimpson, a leading accountancy and business advisory firm, announce the ground breaking changes made by HMRC to the process of claiming Child Benefit.
Protecting Yourself from Tax Scams: Urgent Alert for 2023
The rising wave of scams targeting taxpayers is not just a concern; it’s a red alert. Here’s what you need to know to protect yourself.
NLW and NMW increased
The national living wage (NLW) will increase by 9.8% to £11.44 per hour from April 2024. The higher rate will also apply to 21 and 22-year-olds for the first time.
Charging your electric company car at home
HMRC has updated its Employment Income Manual to bring the guidance on charging electric company cars at home in line with the legislation.