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01/06/2018

June Tax Tips & News

Welcome to the Parkers Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

Using tax to keep employees healthy

The adverse effects of being inactive can of course have a major impact on health and wellbeing. According to a recent government report, workers can spend up to three-quarters of their day sitting down, which contributes to a range of preventable health Read More...

Investors' relief

At the time of the 2016 Spring Budget, the government announced that the existing capital gains tax (CGT) entrepreneurs' relief would be extended to certain long-term investors in unlisted trading companies who had subscribed for their shares. However, Read More...

IT contractor wins IR35 case

The confusion over HMRC's application of the IR35 legislation continues after an IT contractor successfully appealed to the First Tier Tribunal (FTT) against a tax charge of some £26,000 in connection with a project he was working o Read More...

Corporate offences guidance updated

HMRC's guidance on corporate offences for failing to prevent criminal facilitation of tax evasion has recently been updated to include information about self-reporting a company or partnership that has facilitated such an offence.

All Read More...

June questions and answers

Q. I use my own car for business. My employer reimburses me 20p per mile. In 2017/18 I travelled 15,000 on business. I am a basic rate taxpayer. Can I claim any tax relief for the use of my car? Read More...

June key tax dates

19/22 - PAYE/NIC, student loan and CIS deductions due for month to 5/6/2018. Read More...

About Us

Parkers Accountants are based in East Sussex, offering local business owners and individuals a wide range of services.

All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website parkerpartnership.co.uk for more information.

Cornelius House 178-180 Church Road Hove East Sussex BN3 2DJ

Parkers is a trading name of Parkers Business Services Limited