Business tax

Patent Box relief tops £343 million

Has your company used the Patent Box? 700 companies used the Patent Box in its first year with a total value of £343 million.

Businesses pay £32 billion in corporation tax

Businesses paid a record £32 billion in corporation tax last year, according to Funding Options.

Advisory fuel rates update

Advisory fuel rates for company cars have changed as of 1 September 2016.

Plans to reduce tax savings from salary sacrifice schemes

HMRC has announced plans to reduce tax and national insurance contributions savings from salary sacrifice schemes.

Digital tax account consultation launched

The smallest businesses will be exempt from quarterly reporting to HMRC, government proposals about the transition to digital tax accounts have revealed.

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