December 2022

We hope you will contact us if you have any questions. 

Personal Tax Returns 5 April 2022

We are currently preparing tax returns for the year ended 5 April 2022 as these will need to be submitted by 31 January 2023.  If you have not yet sent us your tax return information, please do so as soon as you can. 

The offices are open 9 - 5 every weekday or you can post, email or send via Dropbox or any file sharing app your records when you are ready to do so. If you are not sure what is needed or how to get the records to us, please do get in touch.

Also, be aware of scams offering tax refunds or claiming to be chasing unpaid taxes.  If you receive anything that could be scam, please telephone us on our usual numbers to check what is due.

Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 December 2022.

The guidance states: 'you can use the previous rates for up to one month from the date the new rates apply'. The rates only apply to employees using a company car.

The advisory fuel rates for journeys undertaken on or after 1 December 2022 are:

HMRC guidance states that the rates only apply when you either:

• reimburse employees for business travel in their company cars
• require employees to repay the cost of fuel used for private travel.

You must not use these rates in any other circumstances.

The Advisory Electricity Rate for fully electric cars is 8p per mile. Electricity is not a fuel for car fuel benefit purposes.

If you would like to discuss your company car policy, please contact us.