Advisory Fuel Rate for Company Cars

These are the suggested reimbursement rates for employees' private mileage using their company car from 1 March 2017.

Non Executive Directors

As levels of boardroom regulation have increased, more and more businesses are appointing Non Executive Directors (NEDs) to their boards in order to assist the management team with risk management, compliance and governance.

Business rates revaluation takes effect

The business rates revaluation took effect on 1 April 2017.

National minimum and living wages rise from 1 April

The national living wage (NLW) is now £7.50 an hour.

Start of digital reporting delayed for smaller businesses

The Government is committed to the "Making Tax Digital" (MTD) project which is scheduled to start in April 2018 with the first quarterly updates being submitted by the self-employed and property landlords in July 2018.

Tax free dividend allowance to be reduced to £2,000

The Chancellor announced measures to limit the rise in tax-driven incorporation. The £5,000 tax free dividend allowance introduced by George Osborne will be reduced to just £2,000 from 6 April 2018.

Tax free childcare scheme starts 2017

The chancellor also announced that the new tax-free childcare scheme is due to start in 2017.

Important dates and changes for April 2017

As another new tax year begins, here are some important tax dates and changes to be aware of this month.

Employee Benefits

Most employers provide a range of benefits in kind to their employees. You may be able to choose which benefits to take up, so you should be aware of the different tax and national insurance (NI) implications of each benefit you pick.

New rules for IR35 workers in the public sector start 6 April 2017

There are significant changes that commence on 6 April 2017 for workers in the public sector supplying their services via their own personal service companies or other intermediaries.

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