Childcare

The childcare voucher scheme is a tax-free payment for your childcare costs made by your employer. If you enter into an employment salary sacrifice arrangement you’ll save tax and national insurance.  In addition, your employer will not have to pay their national insurance contributions on the part you sacrifice.  Some employers pass on some or all of…

Dentist Tax Advice

Need time to pay HMRC?

Contact HM Revenue and Customs (HMRC) as soon as possible.  You might be able to set up a payment plan to pay in instalments.  You will need your National Insurance number or unique tax reference (UTR) number when making contact. Business Payment Support Service Telephone: 0300 200 3835 Monday to Friday, 8am to 8pm Saturday and…

Low emission company cars

Following on from the government’s announcement last week that the sale of new diesel and petrol cars will be banned from 2040, we take a look at the rules for company cars and how they are changing. When a company provides a car for use by an employee, the employee pays tax and the employer…