The Chancellor recently announced that the temporary increase in the Annual Investment Allowance (AIA) for expenditure on plant and machinery has been extended to 1 January 2022.
Your work van may now be taxed as a motor car for P11d benefits in kind purposes. Find out which company vans are impacted by the Court of Appeals ruling.
Thinking about treating your employees to a Christmas party or a festive hamper this holiday season? Save yourself some tax by sticking to the guidelines set by HMRC for tax free gifts and trivial benefits.