The usual method of declaring employees’ benefits in kind and taxable expenses is via the annual P11D form submission. Employers can also ‘payroll’ these benefits and expenses instead, although completion of a P11D(b) for declaring National Insurance is required. However, not all employers want their employees to pay tax on those benefits and this is

On 26 October 2023 one of the most significant pieces of company legislation came into being. The main thrust of the Economic Crime and Corporate Transparency Act 2023 is to ‘prevent companies and others from carrying out unlawful activities, or facilitating others to carry out unlawful activities‘. New obligations are to be imposed on companies

HMRC have recently published a spotlight warning landlords to avoid schemes offering hybrid property arrangements that purport to save tax. HMRC’s view is that the scheme does not work and landlords who are tempted by the advertised advantages might find themselves out of pocket. Nature of the arrangements The arrangements are based on the landlord