All posts by David Crossley

Senior accountant and SME specialist

electric vehicle tax

Changes to Benefit in Kind Tax Rates on Electric Cars – 2020/21 Guide

From 6 April 2020, the benefit in kind rates for all-electric cars is reducing from 16% to 0%, which will result in significant tax and National Insurance contribution (NIC) savings. The BIK rate for an all-electric car is currently expected to then rise by 1% in 2021-22 and a further 1% in 2022-23. This rate should then be sustained through to the tax year ended 2024-25.

How to Maximise Your Tax Efficiency – 15 Top Tax Tips for 2019/20

How to maximise your tax efficiency in 2020/21 – Top tax tips to help reduce your tax bill

How to maximise your tax efficiency this year?​
There are many solutions you should be aware of in order to fully optimise your take home pay in 2020/21.
To help you get started today, here’s a quick review of some of the benefits available for you and your business.

Taking salary and dividends

UK Dividend tax rates and thresholds for 2020/21

The new tax year starts today and whilst we all have other matters on our mind, its worth noting the changes to the tax thresholds and new changes introduced, summarized below.

Taking salary and dividends

Taking salary and dividends before the end of this financial year

As the end of the current financial tax year is fast approaching, it’s a good idea to think about whether you have fully maximised the amount you can withdraw from the company, tax-free and at the basic rate of dividend tax.

Budget 2020 predictions

On Wednesday the 11th March 2020, the newly appointed chancellor Rishi Sunak will deliver his first budget to the country, the first in over eighteen months. We detail what we expect to change below, though […]

IR35 Tax Investigation by HMRC

Double IR35 Blow: HMRC Loses To TV Presenter Helen Fospero and IT Contractor Richard Alcock

English TV presenter and journalist Helen Fospero, has become the ninth broadcaster to claim victory over HMRC at the first tier tribunal.

Christa Ackroyd Media Limited v The Commissioners for Her Majesty’s Revenue and Customs – Round 2 – An example of how NOT to operate outside of IR35

One year and seven months after we considered ‘Why was Ms Christa Ackroyd deemed inside of IR35?’ by the First Tier Tribunal, we now look at the decision of the Upper Tribunal, on appeal by […]

IR35 Consultation Results and off-payroll

IR35 Watch – Results of the Government’s formal consultation on proposed changes to off-payroll in the private sector and industry responses.

A month on from the end of the Government’s formal consultation on proposed changes to off-payroll in the private sector, and its time to consider the proposed changes, how these will affect you as a […]