Can I save money by leasing a car through my company?

Can I save money by leasing a car through my company?

Is it cheaper to lease a car through a limited company? It’s a question we’re often asked, but the answer isn’t quite so straightforward. Leasing a vehicle in any shape or form can save you money and improve cash flow by taking the up-front costs and spreading them...
COVID-19: The key dates for your tax diary

COVID-19: The key dates for your tax diary

There are a number of Government support measures to help businesses through the coronavirus pandemic, as well as various business tax obligations being deferred. However, it can be difficult to keep track of all of the dates, deadlines and requirements, with many...
HMRC: VAT deferral refund available

HMRC: VAT deferral refund available

Taxpayers that wished to defer VAT payments, but did not cancel their Direct Debits in time can claim a refund, according to HM Revenue & Customs (HMRC). The tax authority has confirmed that taxpayers that intended to defer VAT payments due between 20 March 2020...
Marriage Allowance

Marriage Allowance

The basics The marriage allowance came into effect on 6 April 2015. Some couples are only just becoming aware of the marriage allowance. The good news is that claims can be backdated for up to four years. What is Marriage allowance? Marriage allowance allows an...
Tax relief for Christmas parties

Tax relief for Christmas parties

Staff parties A staff party or an annual function qualifies as a tax-free benefit for your employees providing that you meet the following conditions: The total cost must not exceed £150 per head, per year. £150 includes VAT together with any extra costs such as...