Furnished Holiday Let Property – abolished

The EU seems to have caused a problem for the Chancellor. As a direct result of EU rulings the UK has been compelled to extend the various tax advantages of ‘Furnished Holiday Lettings’ status to properties located within the European Economic Area (EEA)...

Disputes at work – the new rules

The regulations that govern how employers handle discipline, dismissal and grievance issues in the workplace change as from 6 April 2009. The new system is designed to be more straightforward and flexible, the aim being to help employers resolve disputes before they...

Tax on cars

From 2009/10 (i.e. from 1st  or 6th April 2009) the notion of an ‘Expensive Car’ will disappear for tax purposes. Instead of there being single asset pools for these vehicles, based on purchase cost to the business, cars will be added to the 10% or 20% pools depending...

Medical check ups – now tax free

HMRC have now agreed that all medical check-ups provided by employers to an individual employee will be treated as tax and NIC free, even if the check-ups are not available to all employees. This clarifies a number of changes in their approach, and informal...

Notifying HMRC about self employment

From 6 April 2009 there is a change in the penalty you will pay if you are late notifying HMRC that you have commenced self-employment. Up to 6 April 2009 the penalty was £100 and you had 3 months after commencement of trade to let HMRC know. From 6 April 2009 the...