Our latest newsletter provides an update on a range of topical issues:
Double Cab Pickups
Work Expenses
Child Benefit: Need to know
Paid help at home
Double Cab Pickups
From April 2025, HMRC will classify most double cab pick-ups as cars for tax purposes, with transitional provisions for existing vehicles.
Work Expenses
HMRC is increasing scrutiny on PAYE employment expense claims. Claims and evidence must be submitted via a new online iForm intended to simplify the process and ensure claims are eligible for tax relief.
Extra Income: Trade or Hobby?
HMRC has a new online tool to help individuals determine if their extra income requires self-assessment registration.
Employment status: keep on top of the game:
A Supreme Court case highlights the complexities of determining employment status, emphasising the importance of understanding mutuality of obligation and control.
Child Benefit: Need to know
Higher income thresholds for the High Income Child Benefit Charge applied from 6 April 2024, with a new online system for opting in or out of payments.
VAT: HMRC’s view of the pitfalls
HMRC issues new guidelines to help businesses improve VAT compliance and minimise errors, focusing on areas like employee expenses and Making Tax Digital.
Paid help at home
Hiring domestic help may make you an employer, with responsibilities like checking work rights, registering with HMRC, and ensuring minimum wage compliance.
