Get Ready for Quickbooks Online new bank feeds

Quickbooks will soon be updating their bank feeds, in line with Open Banking regulations. The new feeds means improved connections and a better experience, so this is good news! Quickbooks will send you an email to notify you that the new Open Banking connection is...

Taxation of Dividend Payments in 2019/20

Traditional advice would then be to extract any additional profits from the company in the form of dividends. Where dividends fall within the basic rate band (now £37,500) the rate continues to be 7.5% after the £2,000 dividend allowance has been used. Thus where...

Advisory fuel rate for company cars

In line with recent reductions in fuel prices, HMRC have reduced their suggested reimbursement rates for employees’ private mileage using their company car from 1 March 2019. Where there has been a change the previous rate is shown in brackets. Note that for...