If you’ve received a new mobile phone from your employer for the new year, new guidance from HMRC on the taxation of the device may be useful. As increasing numbers of employees are using phones provided by their workplace, differentiating between business and personal use can become tricky. Where more than one device is used, … More Call you back – new HMRC guidance on taxing mobiles

Following months of disquiet, the government has announced a review of the extension of the off-payroll taxation rules into the private sector. But it may be too late to prevent implementation. The rules, known as IR35, are intended to tighten non-compliance with off-payroll working regulations by shifting responsibility for determining the tax status of contractors … More Off-payroll reforms into review

How will the new government affect your financial planning?    A look at the Conservative manifesto, easily the shortest of the three main parties, gives some limited clues: Income tax There was a promise not to increase income tax rates – although it is worth remembering that this does not extend to Scotland and Wales, … More New year, new government

Not everyone enjoys the holiday season, but for some it creates a useful breathing space. For some Christmas Day presented the opportunity to submit their self-assessment tax return.  It happens every year – the countdown to the end of January. Many of us make pre-new year’s resolutions to get our self-assessment forms done early. However, … More Self-assessment comes calling again