Medical Check Ups

Whilst the provision of medical insurance is a taxable benefit in kind, you may be interested to know that employer provided health screening and medical check ups can be exempt from tax, provided the screening and/or check ups are available to all employees on similar terms.

100% Capital Allowances on energy-saving plant and machinery

From 11 August 2008, a new definition of energy saving machinery applies for companies wishing to claim 100% capital allowances on energy efficient machinery.

The new lists can be found at www.eca.gov.uk

Construction Industry Scheme (CIS) changes from October 2007