Here’s the latest information on mileage rates for company cars, including the new coronavirus measures and what’s happening with the Advisory Electricity Rate for electric cars.

Company car mileage rates update The company car benefit tax charge does not cover fuel provided for a company vehicle. This means that where an employer pays for all fuel…

Continue Reading Here’s the latest information on mileage rates for company cars, including the new coronavirus measures and what’s happening with the Advisory Electricity Rate for electric cars.

It can pay off to keep track of your business mileage you incur for your rental properties – here’s why.

Using your car in your property rental business Landlords will often use their car for the purposes of their property rental business. Where they do so, they are able to…

Continue Reading It can pay off to keep track of your business mileage you incur for your rental properties – here’s why.

Here’s how to reduce business and household costs by using simplified expenses

Simplified expenses for smaller businesses Certain unincorporated small businesses may choose to use the ‘cash basis’ when calculating taxable income, under which participants are taxed on the basis of the…

Continue Reading Here’s how to reduce business and household costs by using simplified expenses

Don’t pay for expenses that your employer should be paying for – here’s how and when to claim a tax deduction.

Employees – claim a tax deduction for expenses Employees often incur expenses in doing their job – this may be the cost of a train ticket or petrol to visit…

Continue Reading Don’t pay for expenses that your employer should be paying for – here’s how and when to claim a tax deduction.