Talking to your Clients

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  • Mercia Blog TTYC IR35

    IR35 – Agency rules

    The whole area of ‘disguised employment’ is in the spotlight at the moment. The Government reformed the off-payroll working rules (known as IR35) for engagements in the public sector in April 2017.

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  • Rental Income btw spouses

    Rental income divided between spouses

    Like many things, the allocation of income between spouses is a common area allowing some simple planning but there are rules for the unwary. One such area that HMRC seem to be paying close attention to at the moment is how rental income is divided between spouses.

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  • Mercia Blog Company Cars Changes 2018

    Changes to Company Cars in 2018

    There are significant rises ahead for company car drivers in 2018. The upside of these changes is that we know they are coming and so new purchases of vehicles can take account of them.

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  • Mercia Blog Pension Problems

    Pension problems

    The restriction of tax relief on pension contributions has been talked about for many years due to the massive cost to the Exchequer – over £30bn per annum.

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  • Mercia Blog Talking To Your Clients Statutory Residence Test

    Non-domiciled or not?

    As you will be aware, there have been a number of recent changes to the tax rules for the non-domiciled, deeming domicile in certain situations.

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  • Car Capital Allowance

    Capital allowance changes ahead

    How many of you remember the old expensive car rules and the £12,000 limit? Time flies when you are having fun! We have had a system for capital allowance for some years now that allow capital allowances on cars by reference to the CO2 emissions.

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  • Mercia Blog HMRC - what can they make you do

    HMRC – what can they make you do?

    Some of you may have seen the recent Channel 4 documentary following HMRC ‘clamping down on tax dodgers’. Whilst all very interesting, the programme focused on high-level fraud and the world of prosecution. It was not applicable to most normal people though.

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