Christmas bonuses
Any Christmas bonuses / gifts paid in cash to employees, by employers, are almost invariably taxable as earnings. This view has been upheld...
20 Nov
Employee Benefits
Author Archives: Elver Consultancy
20 Nov
General
Winter Fuel Payment and tax
The Winter Fuel Payment is a tax-free and provided by the Government to help older people keep warm during the winter. The amount...
20 Nov
General
Emergency flood relief measures
The Prime Minister has announced that households and businesses that have been significantly affected by the recent flooding will be eligible for immediate...
20 Nov
Capital Gains Tax
Capital Gains Tax changes for property disposals
A number of significant changes to the way Capital Gains Tax (CGT) is reported and paid come into effect from April 2020. ...
20 Nov
Income Tax
Final reminder to sign up for Help to Buy
The Help to Buy ISA scheme will close to new savers after 30 November 2019. If you are interested in signing up to...
13 Nov
Practice News
Sales Tax Implications of Selling in the USA using Amazon FBA
UK sellers already using Amazon FBA services will already know that storing and despatching goods from another European State triggers a VAT registration...
13 Nov
Capital allowances
Last chance to claim enhanced capital allowances
There is a special scheme known as the enhanced capital allowances (ECA) scheme for energy-saving technologies. The ECA scheme enables a business to...
13 Nov
Payroll
Waivers of remuneration
A waiver of remuneration happens when a director or an employee gives up their right to salary or other cash remuneration and gets...
13 Nov
Income Tax
Furnished holiday let qualifying tests
The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditions to be treated as a trade for certain...
13 Nov
Capital Gains Tax
Tax when partnership assets are distributed in kind
Partnerships are treated as transparent for Capital Gains Tax (CGT). This means that each partner is responsible for their share of any capital...