The Penalties For Late Submission Of Forms P11D & P11D(b)

The Penalties For Late Submission Of Forms P11D & P11D(b)

When declaring your business’s expenses, benefits and Class 1A National Insurance contributions, you will need to make sure that you complete a P11D form, which includes details of expenses payments, benefits and any facilities that have been given to your employees...
HMRC Issues Refund & Rebate Scam Warnings

HMRC Issues Refund & Rebate Scam Warnings

HM Revenue & Customs (HMRC) has issued an urgent warning to taxpayers to be on the lookout for scams that pertain to a fraudulent refund or rebate. The Express reports that HMRC states that it is always detecting new scams and fraudulent activity, and the latest...
What Are Employee Ownership Trusts?

What Are Employee Ownership Trusts?

As a business, it can be beneficial to look into employee ownership trusts (EOTs), schemes that offer generous tax reliefs to encourage shareholders to promote employee ownership and sell controlling interests in their companies. You can set them up through an EOT...
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