HMRC has published the latest advisory fuel rates (AFR) for employee using company car, with a further rise in the electric car rate from 1 March 2023. The rate has decreased by between 1p and 3p for all petrol, diesel and LPG engine sizes compare to December 2022 rates. The rate is applicable only in …
Tax and Finance Update – July 2022
In this update, Laurence Slavin, discusses the July 2022 Review Body award, and why a 4.5% pay award without extra funding is NOT recommended! Also, Treasury response to request for help with 22/23 Annual Allowance charges, new residence online checker, and more! My name is Lauren Slavin. I’m a partner at Ramsey Brown LLP Chartered …
HMRC Changing the Way GPs Claim Their Personal Expenses – and Changing Their Mind – Phew!
by Laurence Slavin, Partner For as long as I can remember (30 years+!) GP claim their personal expenses as a deduction from their profit share outside the practice accounts. To explain – let’s say there are two partners sharing profits equally and profits are £100,000. Partner A has personal expenses of £5,000 and Partner B …
HMRC Changing the Way GPs Claim Their Personal Expenses – and Changing Their Mind – Phew!Read More
