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This Practical Tax Database and Virtual Tax Partner® Toolkit is your online tax partner. It answers all your key tax FAQs, is packed with useful and practical tax and business guidance.

The information gathered here is split into tax planning guides, FAQs, know-how and tools. With worked examples and tax compliance checklists.

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National Living Wage (NLW)

From April 2022

Taxable benefits

From April 2022

  • Van benefit and Fuel benefit charges to increase in line with the September 2021 Consumer Price Index.
  • ITEPA 2003 will be revised to update the official vehicle approval documentation recognised for determining the level of a vehicle’s CO2 emissions. This will include the new certificates of conformity to be introduced in 2022. The definition of a UK approval certificate will also be amended.

Power to provide for reliefs in disaster/emergency situations

  • The government will legislate in Finance Bill 22 to grant HM Treasury the power to make regulations, under ministerial direction, to provide Income Tax and National Insurance Contributions (NICs) relief on specific employee expenses or Benefits In Kind, in the event of a disaster or emergency of national significance.  This is to take effect from Royal Assent of Finance Bill 22.

Useful guides on this topic

Autumn Budget 2021: At a glance
A summary of key budget announcements together with items published without announcement.

Tax Calendar
A rolling calendar of common recurring tax deadlines for employers. 

 


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