Essendon Tax Consultancy

The salary sacrifice cap sounds as though it is aimed at high earners, but the detail creates a middle-income trap for everyday savers and SMEs. Below £2,000, the system still works well; above that, NI costs, payroll pressure and weaker pension top-ups can bite ...

Why the middle-income trap matters in the salary sacrifice cap A costly change with quiet consequences ...

The P11D deadline for HMRC expenses remains important this year, but bigger changes are coming soon. Employers using the old system should file on time, while others should start preparing for payroll reporting of Benefits in Kind ...

Final P11D deadline for HMRC expenses and Benefits in Kind filing Last chance before payroll reporting changes ...

Did you read this earlier? The salary sacrifice cap sounds as though it is aimed at high earners, but the detail creates a middle-income trap for everyday savers and SMEs. Below £2,000, the system still works well; above that, NI costs, payroll pressure and weaker pension top-ups can bite ...

Why the middle-income trap matters in the salary sacrifice cap A costly change with quiet consequences ...

Tax return changes are introducing a new admin for company directors, particularly regarding shareholdings and close companies. The rules do not force everyone into self-assessment, but they do make existing returns more detailed ...

Tax return changes put extra pressure on company directors More reporting, more care, more questions ...

Did you read this earlier? The P11D deadline for HMRC expenses remains important this year, but bigger changes are coming soon. Employers using the old system should file on time, while others should start preparing for payroll reporting of Benefits in Kind ...

Final P11D deadline for HMRC expenses and Benefits in Kind filing Last chance before payroll reporting changes ...

HMRC's new data sharing initiative, which aligns with the OECD's global objective to tackle tax evasion, has been met with mixed reactions from online sellers ...

HMRC Taking A Good Look At Savvy Online Sellers Thriving in the world of online commerce ...