The general election is now just a few days away. What tax policies are the main parties proposing? Conservatives. The headline proposal is the Conservatives’ pledge to keep the corporation tax rate at 19%, having previously planned to reduce it to 17% from April 2020. The Conservatives are offering a 1% increase to R&D tax credits … Continue reading General Election Tax Policies
Month: December 2019
If you’re expecting a sizeable self-assessment tax bill for 31 January 2020. How and when can you reduce this, and if you can’t how can you manage the payment in the most cost-efficient way? HMRC’s pound of flesh If you’re late paying either of your January or July instalments of tax, HMRC will charge interest … Continue reading How to avoid late HMRC payment penalties and interest
"From keeping track of business mileage to submitting accurate claims, Autotrip helps businesses save time, money and tax by automating every step of the process." - this is our suggestion for reducing your time spent on mileage claims, never miss a journey and hence claim the maximum amount and pay as little tax as possible. … Continue reading What is Autotrip?