Questions And Answers
Read our expert answers to your questions
How is National Insurance changing for directors?
I am a director and shareholder in my own company and, having heard the announcement that the class 1 NIC rate for employees is reducing. What is the most tax-efficient method of profit extraction from my company?
First published 12 Mar 2024
What does the abolishment of Furnished Holiday Lets mean for me?
First published 11 Mar 2024
Last updated 7 Aug 2024
New Advisory fuel rates
First published 7 Jan 2020
Last updated 10 Sep 2024
National Minimum Wage Rate Changes
First published 28 Mar 2022
Last updated 16 Apr 2024
What are the changes for double cab pickup trucks?
First published 15 Feb 2024
Last updated 20 Feb 2024
Can electric cars be used in a salary sacrifice scheme?
First published 14 Feb 2024
What is the 60% tax trap?
First published 13 Feb 2024
Last updated 23 Jul 2024
What tax relief can I claim on property repairs?
First published 7 Feb 2024
What is the Confirmation Statement?
First published 1 Jul 2016
Last updated 2 Feb 2024
How long do I need to keep my tax records?
First published 22 Jan 2024
Last updated 20 Mar 2024
Is the threshold for filing a self-assessment tax return changing?
First published 2 Jun 2023
Last updated 12 Jan 2024
How do I claim child benefit?
First published 8 Jan 2024
Last updated 12 Apr 2024
Reduced National Insurance Contributions – what should I expect on my payslip at the end of the month?
First published 8 Jan 2024
Last updated 17 Apr 2024
Do I need to file a tax return if I sell my clothes online?
First published 4 Jan 2024
Last updated 4 Jan 2024
I can’t file my self-assessment tax return by 31st January, will I get a penalty?
First published 25 Jan 2022
Last updated 17 Sep 2024