by admin | Mar 31, 2017 | HMRC, Uncategorized, VAT
From 1 April 2017 the VAT Flat Rate Scheme will be changing for some small businesses. Currently the flat rates percentages range from 4% to 14.5% depending on the type of business. The new percentage is 16.5% and applies to businesses with low expenditure relative to...
by admin | Dec 23, 2016 | Team News
Merry Christmas! Just a note to remind you all that we’re closed for the Christmas period from the 24th December. We reopen on Tuesday 3rd January at 9am. Have a great Christmas and we’ll see you in 2017! ...
by admin | Nov 6, 2016 | HMRC, tax
In October 2016, the group legally challenging the government’s decision to cut tax relief on buy-to-let loans, suffered a setback when their challenge was rejected by a judge advising that it was “bound to fail” and therefore should not proceed to...
by admin | Oct 3, 2016 | cloud accounting, employees, employers, HMRC, SME, tax
Below is a brief summary about the ‘Making Tax Digital’ consultations and proposals from HMRC. HMRC’s vision is for businesses to be able to easier understand and manage their tax affairs. It wants to make greater use of the information that...
by admin | Apr 13, 2016 | HMRC, small business, SME, tax, Uncategorized
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...
by admin | Jan 21, 2016 | HMRC, small business, SME, tax
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...
by admin | Sep 11, 2015 | Team News
If you are interested in starting a career in the accountancy profession you may be pleased to hear we are recruiting for an apprentice. There is a link to the job description below. Interviews will be held in early October. Please e-mail your CV to...
by admin | Jun 3, 2015 | HMRC, SME, VAT
HMRC have issued a list of makes and models of car derived vans and combi vans which VAT registered businesses can use to determine if the VAT paid on the purchase can be reclaimed as input tax. The issue is that VAT will normally be claimable in full on the purchase...
by admin | Feb 9, 2015 | employers, HMRC, Uncategorized
We’re posting a series of short blogs regarding auto enrolment, if you are an employer and you have staff this WILL apply to you. Too many employers are still burying their heads in the sand, the start date for the largest employer was 2012 and the smallest...
by admin | Nov 16, 2014 | tax
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...
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