Reclaiming VAT on Electric Car Charging

8th February 2023 by Joanne Stoneman

Where your business pays for the electricity, e.g. from a charging point at your premises, you still need your employee to tell you how much of the charge related to business and how much to private journeys.

HMRC’s Late payment interest rises again

8th February 2023 by Joanne Stoneman

A further increase in the Bank of England’s base rate means that HMRC’s late payment interest rates will rise again next week. 

Tax Codes

8th February 2023 by Joanne Stoneman

You should check your tax code if HMRC sends you notice of a new one, as they can be wrong, resulting in a tax bill at the end of the tax year.