Claiming tax relief for job expenses

Claiming tax relief for job expenses

by | Feb 20, 2025 | Employment & Payroll

Employees working from home may be eligible to claim a tax deduction for certain job-related expenses. If your employer does not cover these costs or allowances, you have the option to claim tax relief directly from HMRC. You may qualify for tax relief if you are...
Business mileage with your own vehicle

Business mileage with your own vehicle

by | Feb 20, 2025 | Employment & Payroll

Understanding the nuances of tax relief for using your personal vehicle for work can lead to significant savings. By familiarising yourself with HMRC's approved mileage rates you can ensure you are adequately reimbursed and compliant with current regulations. If...
Car and van fuel benefit charges from 6 April 2025

Car and van fuel benefit charges from 6 April 2025

by | Nov 21, 2024 | Employment & Payroll

The vehicle benefit charges for 2024-25 were announced at Autumn Budget 2024. The government will introduce legislation by statutory instrument in December 2024 to ensure the changes are reflected in tax codes for tax year 2025-26. Where employees are provided with...
An overview of salary sacrifice arrangements

An overview of salary sacrifice arrangements

by | Nov 14, 2024 | Employment & Payroll

A salary sacrifice arrangement involves an agreement by an employee to lower their cash salary in exchange for non-cash benefits. Importantly, this reduction must not bring their earnings below the National Minimum Wage (NMW). If an employee wishes to join or...
Payrolling of benefits in kind

Payrolling of benefits in kind

by | Nov 7, 2024 | Employment & Payroll

At Autumn Budget 2024, the government confirmed that it will go ahead with a simplification measure first announced in January 2024. This new measure will mandate the reporting of Income Tax and Class 1A National Insurance Contributions (NICs) for most benefits...
Redundancy pay and tax

Redundancy pay and tax

by | Sep 26, 2024 | Employment & Payroll

There is a tax-free limit of £30,000 for redundancy pay regardless of whether it is your statutory redundancy payment or a higher payment from your employer. If you have been employed for two years or more and are made redundant, you are usually...