Latest News
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Are camping pods “buildings” for capital allowances purposes?
The First-tier Tribunal (FTT) recently considered whether a number of camping pods could qualify for the annual investment allowance. As with many similar cases, the answer was “it depends”. What can you learn from it?
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Criteria for self-assessment are changing
Historically, you may have had to file a tax return if your income exceeded the point where the personal allowance starts to be tapered away. This has changed for 2023/24. However, the Autumn Statement also made a further change that will apply from 2024/25. What’s the full story?
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Latest advisory fuel rates published
The HMRC-approved amount that employers can reimburse staff for business travel in company cars changes from 1 December 2023. What are the new rates?
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Largest increase to the minimum wage announced
The government has announced substantial increases to the national living wage (NLW) and national minimum wage (NMW) rates from 1 April 2024, and a key change for workers aged 21 and 22. What are the new rates going to be and what is the key change?
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HMRC declares tax planning option for landlords ineffective
HMRC has issued a warning that the use of a limited liability partnership (LLP) with a corporate member to reduce taxes is an ineffective avoidance scheme. What are the details, and what should you do if you’re using one?
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All Budget dates now confirmed
As well as the main Budget, which is next week, the Scottish and Welsh governments have now confirmed when their devolved equivalents will be published. What do you need to know?
Muir & Addy is a partnership registered to carry out audit work by the Institute of Chartered Accountants in Ireland (ICAI). Chartered Accountants Ireland is the operating name of ICAI.
Details of our audit registration can be viewed at www.auditregister.org.uk, under reference number 223287.