News & Blog

Keeping you informed

The July 2015 Budget Summary

We have just seen the first Conservative budget in nineteen years, free from the influences of the Liberal Democrats. Having just been given their next term in office, this budget was described by...
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Company car advisory fuel rates

These rates are the suggested reimbursement rates for employees’ private mileage in their company cars and are reviewed each quarter on 1 March, 1 June, 1 September and 1 December. The rates that...
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Inheritance tax and the family home

Further detail has emerged (in a leak to the Guardian newspaper) concerning a new Inheritance Tax (IHT) allowance announced in the Conservative Party election manifesto to set against the value of...
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The dog ate my tax return…

… is not a reasonable excuse! However, it has been announced that HMRC will not contest appeals against the £100 late filing penalty in respect of 2013/14 tax returns where the taxpayer provided a...
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Inspire’s new signing!

We are delighted to announce that Chris Downing has been promoted to the position of Director at Inspire.  Chris joined Inspire six years ago as a Tax Adviser having just completed his CTA...
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Inspire heads to Shanghai!

By Chris Downing, CTA, ACA, MAAT­ Associate Director. Tigers, roof-top drinks, Chinese cuisine and a medical emergency! Inspire’s Associate Director, Chris Downing has been globe-trotting for...
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Forms P11D due by 6th July!

As mentioned in the tax diary, the deadline for filing the 2014/15 returns of benefits and expenses paid to employees is 6 July 2015. Note that there can be significant penalties for incorrect...
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