Expenses incurred by an employee on behalf of a company can only be reimbursed under the 'wholly, exclusively and necessarily' rules for...

We are increasingly hearing more and more about artificial intelligence (AI) and how its use can change our way of working both now and...

Recruitment agencies often use umbrella companies to pay temporary workers. HMRC confirms that there is no statutory definition of an...

People set up in business for a variety of reasons. For some it is a dream that becomes a reality some years later. In working towards...

Employers must pay their workers at least the statutory minimum wage for their age. Depending on the age of the worker, they may be...

Employers can opt to deal with taxable benefits in kind through the payroll (known as ‘payrolling’) rather than reporting them to HMRC...

For tax purposes, where an employee uses their own car for work, mileage allowances can be paid tax-free up to the approved amount, which...

The self-employed have historically paid two classes of National Insurance – Class 2 and Class 4. However, this is set to change from...

The VAT domestic reverse charge came into operation in March 2021, introducing significant changes around how VAT is collected and paid...

T he Approved Mileage Allowance Payment (AMAP) was introduced in 2002 as a statutory simplification to allow employers to make tax-free...

On 26 October 2023 one of the most significant pieces of company legislation came into being. The main thrust of the Economic Crime and...