Business

H L Amah (TC4173)

HMRC have announced new fuel rates for company cars, to apply to all journeys on or after 1 December 2014 until further notice. Employers may use either the previous or new rates for one month from the date of change, and therefore make or require supplementary payments, but are under no obligation to do either. Petrol hybrid cars are treated as petrol cars for this purpose. The amounts can be used for VAT, but employers will need to retain receipts.

CG Martin (TC4117)

The impact of a vendor’s lack of capital allowance claim on a property conversion

The tax treatment of a non-returnable deductible agreement fee

Shedding light on the workings of the restriction for sideways relief of farming losses

E Blaney (TC4103)

Careless error penalties: their application and consequences

How to challenge fines for late submission of PAYE and CIS returns

Tread carefully when buying commercial property

Is the value of shares in a subsidiary eligible for business property relief?

Ascertaining capital allowances pooling requirements on a building to be sold