Increasing house prices raise inheritance tax risk. Soaring house prices coupled with certain thresholds being frozen in the most recent Budget have the potential to drag more estates into the inheritance tax net over the coming years. Back in March 2021, Chancellor...
How can we make manufacturing sustainable in the digital age? The UK manufacturing industry is currently experiencing a huge shift in the way it runs its manufacturing processes – increasing competition is putting pressure on organisations to reduce costs, improve...
As the Self-employment Income Support Scheme (SEISS) comes to a close, HMRC will continue to check claims rigorously. Reviewing Claims It is always preferable to approach HMRC with a disclosure, rather than wait for HMRC to discover potential problems. As HMRC...
Since 6 April 2021 large and medium sized organisations, based on the Companies Act criteria, have had to determine whether or not a worker supplying his services via their own personal service company would be treated as an employee if directly engaged. This replaced...
All workers are legally entitled to be paid the National Minimum Wage (NMW). This includes temporary seasonal staff, who often work short term contracts in bars, hotels, shops and warehouses over the summer. The National Minimum Wage hourly rates from 1 April 2021...
Should employers shift towards greener vehicles? Despite the potentially high personal tax charge, many employees still enjoy and prefer the convenience of being offered the use of a company car by their employer. Those employers familiar with the benefit-in-kind tax...
