On 31 July 2025, Amie Wilson (Operations Director at Harold Sharp) and Paul Andrews (Omny Group), hosted a focussed roundtable on the benefits of Salary Exchange. This month’s Tax Tuesday distils the discussion into practical takeaways every employer should consider....
Ever since the Chancellor confirmed a crack-down on compliance in the Spring Statement, we have seen a ramp-up in investigative activity by HMRC – with the latest announcements citing a wave of new tax investigations targeting high-income earners. With new...
If your business provides company cars or reimburses employees for business mileage, then Advisory Fuel Rates (AFRs) are something you need to stay on top of. Set by HMRC and updated quarterly, AFRs are the recommended rates you can use to reimburse employees for...
“What’s the most tax-efficient way to extract cash from my company?” is one of the most common questions asked by owner-managed businesses. It’s a fair question and one that, until a few years ago, had a straightforward answer: “Take a salary up to your personal...
The Chancellor’s recent Spending Review reaffirmed the Government’s commitment to supporting UK research and innovation, with £86 billion in public R&D funding allocated across this Parliament and annual funding set to reach £22.6 billion by 2029/30. R&D...
With the 2025/26 tax year well underway, it’s easy to forget that some of last year’s reporting obligations are still hanging over us. One of the most important? Submitting your P11D forms for the 2024/25 tax year by 6 July. With the deadline now a little over two...
