Blog
All the latest changes to tax legislation- important tax dates and deadlines, Help-Sheets on managing your personal finances, business news & opinion, as well as updates on what’s happening at Rawcliffe’s.
Warning to Self Assessment Customers
With the Self Assessment tax deadline behind us, HM Revenue and Customs (HMRC) is warning people to be wary of bogus tax refund offers.
VAT on Food and Drink
In 2024 we saw a lot of legal cases that examined the VAT rating of food and drink and it appears this trend is
Employment Expenses
It is possible to claim Income Tax relief on eligible employment expenses that have not been
Avoid Any Double Cab ‘Hiccups’!
HMRC has published new guidance regarding a change in the interpretation of how Double-Cab Pickup (DCPU) vehicles should be
There’s Still Time for Some Year End Tax Planning!
With the tax/financial year end approaching, now is a good time to check that you’re making the most of the available
HMRC Scam Warning
With the 31 January self assessment deadline fast approaching, HMRC has warned taxpayers to be alert to fraudsters. In the past
Payrolling Benefits in Kind
‘Payrolling benefits in kind’ means that employee benefits in kind (e.g. company cars and medical insurance) are reported to HMRC through the employer’s payroll
Corporate Tax Roadmap
The Government published a ‘Corporate Tax Roadmap’ as part of Autumn Budget 2024. The Roadmap is designed to give
Get Ready for Making Tax Digital for Income Tax
Prior to the Autumn Budget, there was hope that the new Labour Government might further delay the introduction of
Spring Forecast Scheduled for 26 March 2025
Rachel Reeves, the Chancellor of the Exchequer, has confirmed 26 March 2025 as the date for the Spring Forecast
Advisory Fuel Rate for Company Cars
These are the suggested reimbursement rates for employees' private mileage using their company car
Family Investment Company (FIC) Factsheet
A Family Investment Company (FIC) is a UK-registered company that focuses on investing family wealth rather than engaging in trading activities
Farmers Campaigning for Agricultural Property Rethink
The announcement in the Autumn Budget about restrictions to inheritance tax (IHT) agricultural and business property relief
Christmas Party Time!
There continues to be no taxable benefit for employees provided that all staff are invited, and the cost to the employer does
Paying Employees Early Before Christmas
Some employers need to pay their employees earlier than usual in December. This can be for several reasons, such
Remember Christmas Gifts Of Up To £50 Per Employee Are Tax Free
Employers should note that certain gifts to staff at Christmas are tax free if
Bring Forward Succession Planning to Avoid A Big IHT Bill
The current tax rules encourage farmers and other business owners to hold on to their business until death, when the
Business Tax
Under the government’s MTD for income tax initiative, businesses will be required to keep digital records and send a