Cycle to Work Scheme Update

The cycle to work scheme allows employers to lend cycles to their employees tax-free, and in some cases the employees can purchase the cycle at the end of the loan period. However, the Taxman is looking carefully at abuses of this scheme...

Dividend Planning for Tax Credits

It is sometimes suggested that Child and Working Tax Credit awards can be maximised if the family's income is low in one year and high in...

Maximum NI Contributions

The cycle to work scheme allows employers to lend cycles to their employees tax-free, and in some cases Before the General Election NI was referred to as a 'tax on jobs', and essentially it is a tax, as once you have sufficient NI contributions to qualify for state benefits any extra payments will not entitle you to further benefits...

VAT Rates and Refunds

VAT can be very complicated at times! Most goods and services carry VAT at the standard rate, which is currently 17.5% and is due to increase to 20% on 4 January 2011. However...

September Question and Answer Section

Q. The Taxman has told me I owe him £3,300, and I must pay at least £200 per month or a distraint order will be served. I can only manage to pay £150 per month, so what happens...

September Key Tax Dates

19/22 PAYE/NIC and CIS deductions due for month...