March 2012

UK Budget 2012: employment tax highlights/lowlights

March 21, 2012

A mix of the predictable and some consultation to watch this space for … income tax rates and allowances; share option scheme changes; international points; benefits and a few more – read on for more information.

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Homeworking expenses threshold increase

March 15, 2012

HMRC have increased the amount that can be paid to an employee for homeworking expenses to £4 per week, from 6th April 2012.

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Seafarers earning deduction – if it moves a lot, it’s a “ship”

March 2, 2012

Seafarer’s earnings deduction – what is it? In brief, the SED is a deduction in calculating income tax given to “seafarers” – those who are employed on ships (including tankers etc), and work mainly outside the UK (must carry out duties on at least one voyage that begins or ends at a foreign port).  it […]

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