PAYE will be payable by direct debit to HMRC

Functionality to allow employers to set up a recurring direct debit to pay PAYE and national insurance liabilities will launch early in October. A variable payment plan for PAYE and NIC liabilities would be introduced from 19 September 2022. However, there have been...

Claiming tax reliefs for electric cars

First year allowances currently provide an incentive for businesses to replace existing cars with electric versions. For around 20 years, first year allowances (FYAs) have been available for low emission cars purchased for business use. The current rules enable tax...

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