Advisory Fuel Rates (AFRs) are the rates recommended by HMRC to assist businesses either in reimbursing employees for using company cars for business travel or in being reimbursed back by employees for fuel costs for private travel when using a company car. The HMRC fuel rates that have applied since 1 September 2021 are: Engine […]

Taxpayers are being warned about the latest scam email to target them, which takes advantage of the deadline at the end of this month for the 2015-16 Self Assessment tax returns to try and trick taxpayers into thinking they’re due a tax rebate. The email – titled “#Refund Payment Confirmation Number” and an 11-digit number […]

‘My yacht caught fire’, ‘a wasp attacked me’, and ‘my dog ate it and all the reminders’ feature in a list of the worst excuses for a late tax return that HMRC received this year. Each year, they release this list to highlight the 31 January deadline for filing 2015-16 personal tax returns. However, it […]

Since 2006, dentists have been able to incorporate their businesses, and many have chosen to do so because of the benefits it can provide. However, some dentists discovered that the contracts they had with their local NHS trust could not be transferred to the newly created company. One solution to this problem is to continue […]