Salary Sacrifice: How It Can Reduce Tax 

Salary Sacrifice: How It Can Reduce Tax 

Salary sacrifice can be one of the most tax-efficient ways to contribute to a pension, particularly for higher earners, employees receiving bonuses and those earning around or above £100,000. But the benefit isn’t simply about putting more money into your...
Making Tax Digital: ceasing to trade

Making Tax Digital: ceasing to trade

Individuals and landlords with gross income from self-employment and/or property above £50,000 on the 2024-25 tax return are mandated to join Making Tax Digital (MTD) from April 2026. But what happens if that income has ceased by then? If you completely stopped...
Public EV charging standard-rated 

Public EV charging standard-rated 

HMRC has reconfirmed that supplies of electricity for charging electric vehicles (EVs) at public EV charging points is standard-rated for VAT purposes. Electricity supplied at public EV charging points is subject to VAT at the standard rate of 20%, rather than the...
Are you missing out on a PAYE refund?

Are you missing out on a PAYE refund?

Employees and pensioners are being encouraged to check whether they are due a PAYE tax refund. HMRC figures suggest that more than 730,000 PAYE refunds went unclaimed last year, with the average repayment worth approximately £855.  PAYE overpayments can arise for...
Small employer’s relief increased

Small employer’s relief increased

From April 2026 small businesses will benefit from a further increase in small employer’s relief. From 6 April 2026 HMRC will reimburse eligible employers 109% of statutory payments made to employees. The relief is designed to support smaller employers with the...