It was announced by HMRC that company car drivers using zero emission cars will pay no company car tax in 2020-2021.
Read moreIf you have elected to voluntarily payroll company cars as a Benefit in Kind (BiK) via the HMRC, from April 2018 you will have to payroll your car data. It will be mandatory from this time to submit your car data information on your FPS (Full Payment Submission).
Read moreThe 2017 release has not been updated to reflect the comparison of the cash forgone to the modified cash equivalent of a company cars and other BiKs as discussed in the guide to optional remuneration arrangements.
Here’s why….
Read moreHMRC’s February issue of the Employer Bulletin (Number 64) contains a few important reminders for those employers that have payrolled benefits in the 2016-2017 tax year…
Read moreHMRC has provided further guidance on the treatment of non-deductible and non-exempt expenses in the October 2016 release of it’s Employer Bulletin.
Read moreWe are pleased to announce the release of the 2016 version of the P11D Organiser. This new release contains a range of improvements to the way the software operates, as well as all the legislative changes necessary for the 2015-2016 P11D return process.
Read moreIn February, draft guidance was published on a new exemption for low value benefits in kind (‘trivial BiKs’) to be included in the Employment Income Manual (EIM). The draft legislation for exemption for trivial benefits in kind is to be included in Finance Bill 2016 (FB16).
Read moreInternet Explorer 8, 9 and 10 are reaching ‘end of life’ on Tuesday the 12th 2016, meaning they’re no longer supported by Microsoft.
Read moreHMRC have confirmed that even if the CO2 figures are found to be incorrect it will not affect the levels of company car tax that have already been charged.
Read moreIn July we were made aware of an internal processing error that meant our IT systems were not aligned and resulted in a number of Employers not being issued with either a paper P11D or an Electronic Notification to File a P11D for tax year 2014/15 in April 2015.
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