Are you ready for changes to LLP salaried member rules?
HM Revenue & Customs (HMRC) has issued its updated guidance on salaried members in limited liability partnerships (LLPs), in relation to capital […]
Month: June 2024
As P11D deadlines approach, don’t get caught out, cautions TWP
Leading Surrey accountancy firm, TWP, has urged business owners and employers to stay informed on new rules around the reporting of employee […]
Report employee benefits on form P11d by 6 July
P11d forms for reporting expenses and benefits in kind provided to employees and directors in 2023/24 need to be submitted by 6 […]
2023/24 employment-related securities returns due by 6 July
The deadline for reporting shares and securities and share options issued to employees for 2023/24 is 6 July 2024. This is the […]
Should employees reimburse their employer for private fuel?
Where a company car is provided for use by an employee or director there is a benefit in kind taxable on the […]
HMRC official rate of interest remains at 2.25%
HMRC have announced that the official rate of interest will remain at 2.25% for 2024/25, despite the Bank of England Base Rate […]
Should director/shareholders tax advantage of this lower rate?
As mentioned above the HMRC rate of interest on beneficial loans looks very attractive compared to the Bank of England Base rate […]
Advisory fuel rate for company cars
The table below sets out the HMRC advisory furl rates from 1 June 2024. These are the suggested reimbursement rates for employees’ […]
Diary of main tax events June/ July 2024
Date What’s Due 01/06 Corporation tax payment for year to 31/8/23 (unless quarterly instalments apply) 19/06 PAYE & NIC deductions, and CIS […]
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