Loophole closed: Pickups are now classed as cars (NOT vans)

A dispute between Coca-Cola and HM Revenue & Customs (HMRC) has closed the loophole that previously defined double-cab pickups as vans and now means they will be classed as cars.

A dispute between Coca-Cola and HM Revenue & Customs (HMRC) has closed the loophole that previously defined double-cab pickups as vans and now means they will be classed as cars.

Managing payroll effectively is crucial, especially when it involves apprenticeship wages. Employers must adhere to government regulations to avoid potential fines, penalties and disputes.

Making Tax Digital (MTD) is designed to simplify the tax process for business owners.

The Chair of the Conservatives, Richard Holden, has said that there could be two more changes to UK tax law before the election – which is expected to be called in the latter part of this year.

Newsletter Jan/Feb 2024 Married couples and those in a civil partnership are being urged by HMRC to check whether they can benefit from the marriage allowance. It takes just 30 seconds to see if you are eligible for an annual…

The 500T tax code in the UK is a temporary, non-cumulative code used by HMRC when they lack information.

As a small business owner, embracing environmentally friendly practices not only supports a sustainable planet but can also unlock significant financial benefits for your business.

From April 2026, small and medium-sized businesses will be required to report and pay taxes on employee benefits like company cars and accommodation directly through their payroll software.

As the deadline for paying any tax approaches, it is crucial you make your payments accurately and on time before it is too late.

For limited companies registered and operating in the UK, one of the requirements that directors must meet is filing annual accounts with Companies House.