Penalties will apply should a Corporation Tax Return not be filed on or before the due date for the return (normally 12 months from the end of the CT accounting period). A range of penalties apply depending on how late the return is filed. If the return is one day late, then a penalty of… [Read the full article »]
HMRC has announced their updated fuel advisory rates for employees using company cars. The new rates apply from 1 March 2015 and cover all business journeys made by the employee from this date. For one month, the employer may continue to use either the previous or the new rates. They may, therefore, make additional payments… [Read the full article »]
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