0% BIK Car tax on new electric cars from April 2020

Are you a company owner? Your accountant has always advised that company cars will cost you ££££ in company car tax right? Well from April next year there will be NO (you heard right, zilch) company car tax on all-electric cars and with the range improving on them every day it’s a no brainer as…

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Brexit & VAT

Do you trade with customers and suppliers in other members of the EU? Then you might want to read on… *all is subject to changes as and when a deal is negotiated Following on from the news today that a Brexit deal has been struck – here is some initial guidance (subject to change) from…

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Do I have to declare my income to the tax man?

Do you earn a bit of extra income? Not sure whether you need to tell the tax man? Well here’s the low down:   If you earn a bit of extra cash be it through walking dogs, babysitting, selling knitted tea cosies on ebay, hiring out your GHD’s or selling the odd Aloe Vera product,…

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How to split property income tax efficiently

Quite often we come across landlord clients who are married and their spouse may earn significantly more or significantly less than themselves and would benefit from tax advice on the splitting of their property rental income to optimise their income tax. If this is you, then read on… Property income by default for a married…

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