TaxCalc Blog
News and events from TaxCalc
Articles containing the tag "Tax return"
TaxCalc Engager announces enhanced strategic collaboration with Virtual Cabinet and Workiro to deliver embedded tax and document workflows for UK Firms
TaxCalc Engager, Virtual Cabinet and Workiro today announce a significantly enhanced collaboration to deliver a more unified, purpose-built workflow experience for UK accountancy firms.
For many practices across the UK, combining TaxCalc with Virtual Cabinet and TaxCalc with Workiro has long been a deliberate choice, pairing intuitive tax compliance software with sophisticated document control and client portal capability.
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Budget 2025 - reaction and analysis
Chancellor Rachel Reeves delivered her second Budget on Wednesday 26 November 2025, introducing £26.1 billion in annual tax rises by 2029/30. While Labour's manifesto pledge not to increase income tax, National Insurance or VAT for "working people" remained technically intact, a raft of measures will significantly impact your clients' tax planning strategies. Here's the comprehensive update for accountants and their practices.
Read moreTaxes - Time to Pay
There are a range of business support measures available for businesses and individuals, which include deferring payment of certain taxes.
Read moreSelf-Employed Income Support Scheme: “one of the most significant economic interventions”
Last night the Government announced a scheme that assists the self-employed across the country during the COVID-19 pandemic. The Self-Employed Income Support Scheme will provide self-employed individuals a taxable grant worth 80% of trading profits, up to £2,500 a month for the next three months. It will also apply to members of partnerships.
Read moreAre tax-free EVs a no brainer for company car drivers?
The growing range of zero emissions vehicles presents a real opportunity to cut expenses, but there are drawbacks to consider.
With few models to choose from and a frustrating ownership experience, the first wave of electric vehicles (EVs) was a tough sell. But heading into 2020, things are changing.
Company car tax is not only based on CO2 emissions, but also electric driving range. Prior rules stipulated that cars with an electric driving range of 130 miles and above would fall into the 2% car tax band, but these rules were recently scrapped. Pure electric vehicles—those without a tailpipe—will now benefit from an even lower 0% tax rate between 2020-2021. The following two years will see rates rise to 1% and 2% in 2021-22 and 2022-2023 respectively.
Read moreTax Tip: No Benefit in Kind required for electric company cars
Treasury has confirmed that company car drivers who choose an emissions-free electric fleet model will pay no benefit-in-kind (BIK) tax for the year
Great news for employees. The Treasury has confirmed that company car drivers who choose an emissions-free electric fleet model will pay no benefit-in-kind (BIK) tax for the year as part of new efforts to encourage motorists to switch to green vehicles.
2017/18 R40 Repayment claims. What’s changed?
As you approach the new Tax Year, claiming tax repayments with the R40 will be pretty much top of your To Do list.
This used to be the quickest way of getting a tax repayment. However HMRC has now issued an updated R40 repayment claim form for 2017/18 which changes the way repayments are sent.
10 Top Tips to beat the 31 January Self-Assessment blues
You probably know that the deadline approaching for submitting your Self Assessment tax return is the end of this month. Here are ten tax return tips to help you file your Self Assessment return in time and without stress.
It’s not just being late that can lead to a nasty letter from HMRC or a fine. By using TaxCalc we’ll also help check for errors and fix issues before you file your return meaning you’ll be much less likely to make any mistakes!
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