Every little tax break helps

Mark McLaughlin highlights an income tax exemption that could be more useful than some people might expect. The UK tax system is not known for its generosity when it comes to allowing tax-free benefits from an employment. Any such benefit…

Payment of CIS Tax

By: Robert W. Maas FCA, FTII, FIIT, TEP  8.31 Focus Tax is also deducted at source from payments to building industry sub-contractors. This has to be deducted (and in most cases accounted for electronically) by contractors and anyone else who…

Input Vat on Cars Again

By CronorTaxwise “My client is considering replacing the cars used by the employees of his company, including the directors. I understand that a friend at his golf club has advised him that if the company buys electric cars the VAT…