Why employees prefer cash to the company car option

Why more employers are choosing cash over a company car Have you ever been given the choice of receiving a company car or taking the cash equivalent? Until fairly recently, it made good financial sense for both employers and employees to take the car option. Tax incentives were in place to make it even more attractive to select an environmentally-friendly … Read More

Budget 2017 – employed and self employed taxes

Self Employed Making Tax Digital employed and self employed taxes – Following concerns from tax professionals and taxpayers alike on the tight implementation timeframe, the government will delay the introduction of quarterly reporting for unincorporated businesses and landlords with turnover below the VAT threshold until April 2019. In addition, the cash basis entry threshold will be increased to £150,000 and … Read More