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Most business people are aware that if they keep the “per head” expenditure below £150 for the annual bash, and if they follow the other HMRC guidelines, then there should be no risk that HMRC will seek to treat the payments as a taxable benefit. However, if the cost creeps over £150, to say £200 per head, the total amount Continue Reading

On the 10 December 2013 HM Treasury announced that the long awaited additional payment, to pre-1992 Equitable Life annuitants, will be made this week. The details below are the formal confirmation from H M Treasury’s website: The government has confirmed that it will make ex-gratia payments by next week to those Equitable Life With-Profits policy holders who are excluded from Continue Reading

Although the UK tax year runs from 6 April to the following 5 April, there is another which ends 31 January each year – it’s the online filing deadline for self assessment purposes. The 31 January 2014 is also the date on which any outstanding self assessment tax unpaid for the tax year 2012-13 falls due for payment, together with Continue Reading

Our offices will be close at 5.30pm on Monday 23rd December, reopening on Monday 30th December at 8.30am.  We will also be closed on New Year's Day. If you have any urgent issues during this period please email info@mcclearyaccountants.com, as this email address will be monitored throughout the holiday period. We'd like to take this opportunity to thank you for Continue Reading