In preparation for HMRC’s forthcoming shift to ‘making tax digital’, RfM is very proud to announce the launch our own bespoke cloud accounting package, RfMplus+.
Archives for October 2016
Can my company get a tax deduction for a parking fine?
Nobody likes getting a parking fine. But when a ticket is the price you pay for providing an efficient service to your customers, surely you should be able to get a tax deduction?
Could income tax and National Insurance become more closely aligned?
The Office for Tax Simplification (OTS) has been looking in detail at whether income tax and National Insurance (NI) could become more closely aligned. With further reviews proposed, it looks as if the government is keen to progress this issue.
Improve your cyber security
We live and work in a digital age. UK consumers are the biggest internet shoppers in Europe and businesses are embracing digital technologies to become more productive. But our reliance on the internet is not without risk and we still need to work on our cyber security.
New savings allowance means no tax on interest for many
The introduction of the new Savings Allowance on 6 April 2016 means that the majority of taxpayers will not pay any tax on their interest.
Why some capital gains are more attractive than others
Rate changes in effect from 6 April 2016 mean that capital gains have become attractive again – unless you have the wrong type of gain, that is.