Blog
All the latest changes to tax legislation- important tax dates and deadlines, Help-Sheets on managing your personal finances, business news & opinion, as well as updates on what’s happening at Rawcliffe’s.
HMRC Late Payment Interest Rates To Be Revised June 2023
The Bank of England Monetary Policy Committee announced on 22 June 2023 to increase the Bank of England base rate to
Rogue Business Rates Agents – Be Aware!
The Valuation Office Agency (VOA) is urging businesses to protect themselves from rogue business rates agents
Do You Have A Growth Strategy?
Having a growth strategy is important because it keeps your company working towards goals that go
Is Your Business Cyber Secure?
Cyber Essentials is a Government backed scheme that will help you to protect your organisation, whatever its size, against a whole
Making Tax Digital for Income Tax Update
Since MTD was announced, we have been working with many of our clients to help them streamline the way they keep their books and help them
Advisory Fuel Rate for Company Cars
These are the suggested reimbursement rates for employees' private mileage using their company car.
Should Employees Reimburse Their Employer for Private Fuel?
Where the employer provides an employee with a company car there may be an additional benefit in kind on
2022/23 Employment-Related Securities Returns Due By 6 July
The deadline for reporting shares and securities and share options issued to employees during 2022/23 is 6 July 2023
HMRC Official Rate of Interest Only 2.25%
HMRC have announced that the official rate of interest will increase from 2% to
Should Directors/Shareholders Take Advantage of The Lower Rate?
The HMRC rate of interest on beneficial loans looks very attractive compared to the Bank of England Base rate of 4.5% and much higher rates charged by banks for unsecured loans.
Latest HMRC Tax Webinars
Listed below are a number of live HMRC webinars that will give the self-employed an understanding of key taxes that affect
HMRC Employer Bulletin: April 2023
HMRC publishes the Employer Bulletin 6 times a year, giving employers and agents up to date information on topics and issues that may
Bill Discounts for Energy and Trade Intensive Sectors
Applications have now opened for energy and trade intensive sectors that are most affected by the rise in global energy prices to claim further discounts
Business Asset Finance Explained
Regardless of the size of business, the decision to invest in assets is always difficult but take a look at some of the benefits:
Consultation Into Possible Reform of Construction Industry Scheme
The Government have announced a number of tax consultations on its Tax Administration and Maintenance Day
Pensions and Estate Planning
As a result of the pension reforms introduced by George Osborne which took effect from 6 April 2015, a drawdown pension fund has become an important part of estate
Pension Lifetime Allowance
The latest Finance Bill will legislate the announcement in the Spring Budget that the lifetime allowance (LTA) charge is abolished from 6 April 2023.
PAYE Settlement Agreements Also Online
Where benefits in kind are provided to employees that will usually result an income tax charge on the employee and a Class 1A national insurance (NI) charge on the employer. The rate to be used for 2022/23 is 14.53% because of the withdrawal of the 1.25% Health and Social Care levy part way through the year.