2016 Budget Summary

On 16 March 2016 George Osbourne presented his budget, the budget was followed by the publication of the finance bill on the 24 March. Here are the top key points affecting small business. Personal Allowance For 2017/18 the personal allowance will increase to £11,500...

The Town That Took on the Taxman

  There was a great programme on the TV last night. “The Town That Took on the Tax Man’” You can catch up with it on iPlayer here: http://bbc.in/1nnmfQJ A group of traders from Crickhowell, set up a multinational tax avoidance scheme using the same techniques...

Starbucks (Tax Planning) vs The EU

The US coffee chain, Starbucks has been receiving some fairly heavy criticism over the last couple of years after it has emerged that they have paid almost no tax in the UK between 2002 and 2012. Actually, it’s amazing that a company which has posted such significant...

2014 Budget Summary

Please find below our 2014 budget summary with the most relevant changes in the budget for our customers. Individuals Personal allowances For people born after 6 April 1948, the personal tax allowance for 2014/15 is £10,000. This will increase to £10,500 from 6 April...

Submit the tax refund request

Have you received an e-mail from HMRC entitled, “Submit the tax refund request”? These things always seem to be going around and it comes as no surprise that as the 31st January tax return filing deadline approaches, the scammers are up to their tricks...

When Should I Register For VAT?

 As a growing small business you should consider when you should register for VAT. If you’re in business, supplying goods or services within the UK and your turnover for the previous 12 months is more than the registration threshold (£79,000 at the time of...