Car or van questions

Car or van questions

When completing the annual expenses and benefits return (P11D) you need to know what company-provided vehicles each employee and director used in the tax year.

Spring Statement 2022

Spring Statement 2022

Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022. In his Spring Statement, the Chancellor announced a cut in fuel duty for petrol and diesel as he sought to ease the impact of rising prices...
Farming and capital allowances – the advantages and pitfalls

Farming and capital allowances – the advantages and pitfalls

Capital allowances are a useful form of tax relief for businesses that need to invest in expensive plant and machinery to operate successfully, including many farm enterprises. There are a number of different types, but they all essentially fulfil the same function –...