Benefits-in-kind (BIKs), such as company cars or gym memberships, are often used as a means of remunerating employees and directors. Unless an exemption applies (e.g. employer pension contributions), the benefit will be reported on a P11D form, the recipient will be subject to Income Tax (often via an adjustment to their tax code) and Class...

As football fans will know, Professional Game Match Officials Ltd (PGMOL) is the body that oversees professional referees in this country. In June 2026 it was rebranded as ‘Pro Ref’. An extremely important tax case concerning part-time professional referees (who generally referee below Premier League level while having other main jobs) has looked at whether...

Do you have a flat in Spain or a cottage in France that you rent out and for which you need to make Making Tax Digital for Income Tax (MTD IT) quarterly reports? In March, significant simplifications were announced to the level of information required for foreign properties, such that the MTD IT record-keeping requirements...

In VAT, the ‘option to tax’ (OTT) allows someone to treat supplies of non-residential land and buildings (L&B), which would otherwise be exempt, as being taxable. This means that you must charge VAT at 20% on any rents you charge tenants or on any sale proceeds, but it allows you to recover VAT on any...

It has become common, in recent decades, for Chancellors to promise (in one way or another) not to raise certain tax rates, only to bring in (with much less fanfare) other effective tax rises. We have got used to the freezing of allowances and tax bands in recent years (which brings a greater proportion of...

Location: Hawick Salary: £23,135 – £26,000 a year Contract: Part-time (full-time would be considered) About JRW Hogg & Thorburn As one of the largest accountancy firms in the Borders, JRW Hogg & Thorburn have a team of accountancy and taxation specialists with well-established procedures and a wealth of experience who help and advise clients, enabling...