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Company cars come under scrutiny of tax man

As ever, the government is looking for ways to bring in more tax, with the cash for car schemes now on the radar of HM Revenue & Customs’ (HMRC) following its consultation on the future of salary sacrifice arrangements. This means that the tax collectors have zoned in on the nearly one million company car […]

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Marriage Tax Allowance needs urgent action

The new tax year is right upon us and that means urgent action is required by those wishing to claim their marriage tax allowance. There are only a few days before 6th April 2016 to get it touch with the tax man or your accountant, with an opportunity to be potentially over £200 better off […]

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Upcoming PSC register needs careful handling

For those as yet unaware, accountants, solicitors, and company secretaries responsible for maintaining statutory registers of companies and LLPs will soon have another job to do with the upcoming PSC register. As from April, these professionals will be called upon to create and maintain this new register of people with significant control. This move will […]

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How to play it safe with the tax man this Christmas

With the Yuletide season fast approaching, many businesses are starting to think about Christmas, and we at AIT Accountants are no different. Being based in Solihull at the heart of West Midlands business activity, we are always busy answering client’s queries on various tax issues, but we have noticed an increase in questions around what […]