What is Time to Pay and can my business use it?
If a business or individual is struggling to make a tax payment because of genuine financial hardship or personal difficulties, then they may be eligible for a Time to Pay (TTP) arrangement. As we approach the Self Assessment tax return deadline, the Clayton & Brewill team discusses TTP and how it can be useful for […]
Don’t miss the Self Assessment tax return deadline
Following all the Christmas festivities, it can be easy to forget that the 31 January deadline for submitting your Self Assessment tax return is just around the corner. Clayton & Brewill explains why you must ensure your submission is correct and on time so you can avoid any unnecessary penalties. Who must send a tax […]
How to get tax on employment benefits right
With particularly complex rules, getting the tax on employment benefits right for directors and employees can seem like a minefield. Recent research by The Global Payroll Association showed that errors in this area are routine. Its survey revealed that 25% of employees responding had been wrongly paid: and that 11% of these errors related to […]
Keeping up to date with VAT
The world of VAT is always changing. ‘Every question answered seems to give rise to three more’, according to one expert commentator. To help keep your business up to date with VAT developments, Clayton & Brewill takes a look at some of the basic questions here. Also, in the light of a recent VAT case […]
December 2024 newsletter: the latest updates from Clayton & Brewill
Clayton & Brewill’s December 2024 newsletter is now available to view online. We are well and truly into the winter season now with many areas even seeing snowfall in the last few weeks. We hope you are enjoying the last few weeks of the year and are looking forward to 2025. In our latest newsletter, […]
2025 planning: key tax dates and deadlines
With so many dates and deadlines across the tax year, it can be easy to lose track. But missing certain deadlines could land you in hot water with HMRC. From self-assessment tax returns to ISA allowances and payment deadlines, there are several key tax dates that should play a vital role in your financial planning. […]
July 2024 newsletter: the latest updates from Clayton & Brewill
Clayton & Brewill’s July 2024 newsletter is now available to view online. Summer holiday season is well and truly upon us, and it’s nice to see a return of the sunshine this week. We hope those of you going away enjoy a relaxing break. In our latest newsletter, we look at a number of key […]
What do the results of the 2024 General Election mean for businesses?
In the early hours of 5 July 2024, it was announced that the Labour Party had won the majority in the 2024 General Election. Entering Downing Street as Labour’s first prime minister in 14 years, Sir Kier Starmer has declared that “change begins now.“ But what does this win mean for businesses? In this article, […]
May 2024 newsletter: the latest updates from Clayton & Brewill
Clayton & Brewill’s May 2024 newsletter is now available to view online. After a very busy few months at Clayton & Brewill, and we’re pleased to be finally seeing a bit of sunshine now that the Summer is on its way. In our latest newsletter, we look at a number of key talking points in […]
A guide to tax and business motoring
Few business decisions impact your tax bill more than motoring decisions — whether you’re self-employed, a partner, company director or other employee. And with tax rules changing year on year, keeping up to date matters. From the government’s about-turn on double cab pickups, to the latest benefit in kind rates for electric cars, we cover […]