Latest News
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Recovering salary overpayments due to payroll errors
Five employees at Glasgow City Council have together been ordered to pay back £40,000 in overpaid wages caused by a payroll error relating to the calculation of their contractual overtime. If you overpay wages to an existing employee due to a payroll error, can you recover them?
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New tool to help determine whether activities are “qualifying”
HMRC has published a new online tool to help companies decide whether they are eligible to make a claim for research and development (R&D) relief. How does it work and is it worthwhile?
Newsletters
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Frequent changes of company car
If your employees enjoy multiple changes of company car during the year, could averaging the car benefit calculation save tax? If so, what’s involved and how can they avoid an unexpected tax bill?
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Changes to registration threshold?
It’s rumoured that the Chancellor will raise the VAT registration threshold from £90,000 to £120,000 to stimulate economic growth. But other reports suggest it could be cut to £30,000 to raise revenue. What would these changes mean for your business?
Monthly Focus
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MONTHLY FOCUS: PENSIONS AND INHERITANCE TAX
Starting in April 2027, all unused pension funds will be pulled into the inheritance tax (IHT) net. In this Monthly Focus, we look at the proposed changes and how they might affect your estate’s IHT liability.
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MONTHLY FOCUS: BREXIT - BUYING AND SELLING GOODS AND SERVICES
Since the UK left the EU almost four years ago, there are new rules and procedures you will need to familiarise yourself with if you want to trade goods and services with EU customers or suppliers. In this Monthly Focus, we look at some of the key ones.
Practical Guides
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Should you consider PAYE collection for HICBC?
The 2025 Spring Statement announced the start date for collecting the high income child benefit charge (HICBC) through PAYE. One of our clients who was considering not claiming child benefit altogether, has asked whether they should move to the new PAYE process. What do they need to know?
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Do you need to adjust CGT 2024/25 calculation?
If you made a chargeable gain in 2024/25 on or after 30 October 2024, it may be necessary to adjust the capital gains tax (CGT) liability calculated by HMRC’s self-assessment tax return software. When is an adjustment required and how is it calculated?
Tools and Calculators
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Income tax calculator
The introduction of special tax allowances, rates and rate bands which interact differently depending on your level and type of income has made the calculation of income tax liability far from straightforward. Our calculator can be used to work out your income tax liability, and can be used where you receive any combination of earnings, savings income, dividends and most other types of income. It will also calculate any adjustment required to finance costs relating to letting income.
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Company car capital contribution calculator
A company car is taxed according to its list price. This can be reduced if you make a capital contribution towards the purchase of the car. This calculator shows you how much tax could be saved.