HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MORETax rules on company mobile phones clarified
HMRC has issued guidance on the tax rules for company mobile phones for employers.
The section 319 guidance states that there is no tax charge unless the mobile phone can be converted into money by the employee, and this is limited to one mobile phone given to an employee as well as any line rental or the cost of any private calls for that phone paid for by the employer.
Read more at the Accountancy Daily.
Previous
HMRC reveals over 3,000 self assessment returns filed on Christmas
Next
UK retirees' spending rockets as younger people spend less
A beginner’s guide to the taxes you’ll hear about this election...
National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many...
READ MORE
With bitcoin hitting new highs, it’ll likely reach the US$100,000...
Cryptocurrencies are surging again. Bitcoin has just hit an all-time high of more than US$72,000 (£56,300), pushing...
READ MORE