Q: The turnover of my business has been no higher than £75,000 over a 12-month period since we started but has now crept up to £92,000. It reached this point on 5 December 2023. What do I need to do… Read more
Q: In June 2023, you said that it wasn’t free of tax if the employer reimbursed an employee when recharging their electric car from home – but it is if we allow them to recharge at the workplace. We have… Read more
Q: We have started reimbursing London’s extended Ultra Low Emission Zone charges when an employee must pay them whilst on business for us. Can we reimburse them free of tax? A: Yes, the reimbursement can be made free of tax (and… Read more
Q: I see that one of the Inheritance Tax (IHT) forms has been amended – the C4 for correcting information previously submitted. I’m getting a bit confused with the forms I have here and wonder if you could point to… Read more
Q1. We have a new employee who did not present a P45 and did not complete the Starter Checklist. Which FPS starter declaration and tax code should we use? A: HMRC’s guidance in the PAYE Manual says that the starter declaration must be… Read more
