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.
Changes to Corporation Tax Main Rate
Following the Corporation Tax rate increase on April 1, the rate of tax a company pays will depend on its level of
Super-Deduction Replaced by “Full Expensing”
In the Spring Budget the Chancellor announced that “full expensing” - 100% relief for new, eligible plant and machinery - would
Deadline For Topping Up NI Contributions Extended Again to 5 April 2025
With all of the changes to personal pensions in the Spring Budget, maximising the State Pension entitlement should not be overlooked. The full rate of new State Pension increased to
Charities Gain New Powers as More Legislative Changes Come into Force
New powers from the Charities Act 2022 have now come into effect, resulting in changes for
HMRC Late Payment Interest Rates To Be Revised June 2023
The Bank of England Monetary Policy Committee announced on 22 June 2023 to increase the Bank of England base rate to
Rogue Business Rates Agents – Be Aware!
The Valuation Office Agency (VOA) is urging businesses to protect themselves from rogue business rates agents
Do You Have A Growth Strategy?
Having a growth strategy is important because it keeps your company working towards goals that go
Is Your Business Cyber Secure?
Cyber Essentials is a Government backed scheme that will help you to protect your organisation, whatever its size, against a whole
Making Tax Digital for Income Tax Update
Since MTD was announced, we have been working with many of our clients to help them streamline the way they keep their books and help them
Advisory Fuel Rate for Company Cars
These are the suggested reimbursement rates for employees' private mileage using their company car.
Should Employees Reimburse Their Employer for Private Fuel?
Where the employer provides an employee with a company car there may be an additional benefit in kind on
2022/23 Employment-Related Securities Returns Due By 6 July
The deadline for reporting shares and securities and share options issued to employees during 2022/23 is 6 July 2023
HMRC Official Rate of Interest Only 2.25%
HMRC have announced that the official rate of interest will increase from 2% to
Should Directors/Shareholders Take Advantage of The Lower Rate?
The HMRC rate of interest on beneficial loans looks very attractive compared to the Bank of England Base rate of 4.5% and much higher rates charged by banks for unsecured loans.
Latest HMRC Tax Webinars
Listed below are a number of live HMRC webinars that will give the self-employed an understanding of key taxes that affect
HMRC Employer Bulletin: April 2023
HMRC publishes the Employer Bulletin 6 times a year, giving employers and agents up to date information on topics and issues that may
Bill Discounts for Energy and Trade Intensive Sectors
Applications have now opened for energy and trade intensive sectors that are most affected by the rise in global energy prices to claim further discounts
Business Asset Finance Explained
Regardless of the size of business, the decision to invest in assets is always difficult but take a look at some of the benefits: