No company car tax from April on pure electric vehicles

No company car tax from April on pure electric vehicles

HMRC rules from 6 April 2020 mean that company car drivers choosing a pure electric vehicle will pay no benefit-in-kind (BIK) tax in 2020/21. In its long-awaited response to the review of WLTP and vehicle taxes, HMRC has removed the previously published BIK rates for...
‘Tis the season for trivial benefits

‘Tis the season for trivial benefits

With the season of goodwill upon us our tax team look at a little known and little utilised tax saving, known as trivial benefits. Trivial benefits is a mechanism whereby employees and/or directors can be given trivial benefits such as vouchers or maybe even office...
Small Business Guide: Sole Trader vs Limited Company

Small Business Guide: Sole Trader vs Limited Company

You have decided to take the big leap of faith and start your own business, the next question is how this should be structured. Should you trade in your personal name or through a limited company? Follow the link below to read our guide on the key accounting and tax...
NR Barton visited by Metalfloor UK chairman Lord Digby Jones

NR Barton visited by Metalfloor UK chairman Lord Digby Jones

It was a pleasure for the team at NR Barton to host Lord Digby Jones at the offices today. Neil Whittingham and Paul Flint from the team at NR Barton work closely with directors Phil Preston and Jacqui Ward to provide strategic advisory as the business continues to...
Small business owners hold on to cash for Brexit

Small business owners hold on to cash for Brexit

Small businesses across the UK have increased the amount of cash they hold in current accounts by over 78% over the past two years in anticipation of a Brexit fueled credit crunch. The hoarding reflects growing fears over the economy and a desire to have cash assets...