The PSA mechanism allows you to make one annual payment to HMRC which will cover the tax and all national insurance due on the expense or benefit.
Category Archives: Tax Advice
16
Apr
Apr
The government has committed to investing £22 billion in R&D by 2025 and this was again confirmed in the 2021 budget. The UK is recognised as a world leader when it comes to research and innovations
18
Jan
Jan
We accept that this year is a bit different. Many of you have been under immense pressure at work for the last ten months and completing your tax returns has not been your top priority.
HM Revenue & Customs, Myers Clark Updates, Tax Advice, Uncategorized
Chancellor’s Summer Economic Statement
10
Jul
Jul
The Chancellor said the aim was to “give everyone the opportunity of good and secure work, so no one is left without hope.”
Another TV presenter loses an IR35 case…
HM Treasury has published its “report and conclusions” from their review…
The death of a spouse or partner is a very difficult experience…