New fuel rates published by HMRC

Changes have been announced to the company car advisory fuel rates with effect from 1 July 2009. Unless you do a huge amount of private milage, you probably shouldn’t be provided with fuel for ‘private use’ because the tax charge on this is now very high. The rates...

Cayman Islands join the fold

Image by slack12 via Flickr Our Government and that of the USA are serious about clamping down on the use of overseas tax havens to avoid tax, the latest development involves the Cayman Islands. Now, it is a little known fact that Graham Davies applied for a job in...

Paternity leave plans go on ice

Image by Photosbychristensen via Flickr The Government has bowed to pressure from business and proposals to extend paternity leave to six months from April 2010 have been put on hold as a result of the recession. The Work and Families Act 2006 allows for regulations...

A beginners guide to ‘flipping’ a second home.

We have all seen and heard comments in  the  media  about  MPs “flipping” their properties in order to avoid capital gains tax on selling their  second  homes. You might be wondering what does this mean? And is this a game  anyone  with  more  than  one...