Newsletters
-
Will a late reimbursement cause problems?
During the pandemic your company was struggling for cash. To help, you didn’t claim reimbursement of business expenses you incurred. However, your company can now afford to pay you back. Will this cause a problem?
-
Can you keep your workers warm with a tax-free benefit?
Businesses face soaring energy costs and uncertainty over government help to mitigate them. If you turn down the heating and provide your employees with a company fleece to keep them warm, would the clothing be a taxable benefit?
-
Chancellor announces tax increases
What key changes did Chancellor Jeremy Hunt announce in today's Autumn Statement?
-
Inheritance tax on lifetime gifts
Your parents have received conflicting advice about reducing their potential inheritance tax (IHT) liability by making gifts. One view is that they need to survive at least three years from when a gift is made to save IHT. The other advice says they must survive seven. Which view is correct?
-
How to recover overpaid PAYE
One of your payroll team accidentally paid one month of PAYE twice. But under HMRC’s policy, it is now refusing to refund the overpayment to you. What do you need to do to get the money back?
-
Varying an inheritance to save tax
A fair amount of inheritance tax (IHT) planning can be done through a will. However, the tax rules and circumstances of the beneficiaries can change making the IHT planning less effective. What steps can the beneficiaries take to rectify this?
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.