
Company share schemes
As an employer, there are various ways to remunerate your team. Increasing salary may be enough to retain some staff whilst others want a ‘slice of the action’. Company share schemes are an increasingly common way to incentivise employees, and there are various different ways to achieve this, depending on your requirements, and theirs.

EMI schemes
The Enterprise Management Incentive (“EMI”) scheme is a tax-advantaged share option scheme.

Chancellor cuts fuel duty in Spring Statement
Chancellor Rishi Sunak announced a 5p per litre cut in fuel duty for petrol and diesel in the 2022 Spring Statement.

ERS reporting reminder
The deadline for filing your annual ERS (Employment Related Securities) return is 6 July following the end of the tax year.

Company Benefits and Expenses - Areas to Consider: What is Exempt?
Employers have until 6 July to report any taxable benefits and expenses provided to their employees (including company directors) during the 2022 tax year on the forms P11D, and will have to settle any National Insurance arising on these by 19 July.

Company Benefits and Expenses – Areas to Consider: Employee Benefits
Employers have until 6 July to report any taxable benefits and expenses provided to their employees (including company directors) during the 2022 tax year on the forms P11D, and will have to settle any National Insurance arising on these by 19 July.

Company Benefits and Expenses – Areas to Consider: Vehicles
Employers have until 6 July to report any taxable benefits and expenses provided to their employees (including company directors) during the 2022 tax year on the forms P11D and will have to settle any National Insurance arising on these by 19 July.

ATED relief for dwellings made available to Ukrainian refugees
The Government has announced that it intends to introduce legislation in Finance Bill 2022/23 to provide relief from the Annual Tax on Enveloped Dwellings (ATED) for those companies who make a dwelling available for occupation by refugees under the Homes for Ukraine Scheme. The legislation will have effect from 1 April 2022. A similar relief will be available for Stamp Duty Land Tax (SDLT).