The Chancellor Philip Hammond is preparing to deliver his first and last Spring Budget – the budget will be moved to Autumn in future. He has made clear that the current government will be rejecting previous austerity measures but The Institute for Fiscal Studies (IFS) is warning of sharp public sector cuts and taxes reaching their highest level […]
Changes to the VAT Flat Rate Scheme
VAT schemes are being changed by HMRC from 1st April 2017. This could mean an increase to 16.5% in the VAT payable and you may wish to stop using the scheme.
Due to this change we feel that the VAT Flat Rate Scheme may no longer the most tax efficient VAT scheme for you
Event for Property Investors – Register Now
Come and get insight into the different ways to maximise your return on property investment.
Don’t Ignore Auto-Enrolment…
Are you prepared to take on your new pension responsibilities? The law on workplace pensions means that you must automatically enrol eligible staff into a qualifying pension scheme. Even if we manage your Payroll you will need to take action or risk penalties from the Pensions Regulator. Get our full 15 page guide to explore […]
SME Tax Crackdown – £468 million generated from Investigations
We were interested to read recent analysis showing that compliance investigations into self-assessed business taxes by HMRC’s local teams generated £468 million in tax and this was largely driven by targeting small and mid-sized businesses (SMEs). “An additional £486m in tax was generated by Tax Investigations, year ending March 31 2016” UHY Hacker Young (information obtained via […]
Autumn Statement on Wednesday
We’ll be watching the Government’s annoucements and providing you with a full report the next day
Davis Grant is here for you if an Audit is required…
Did you know there are good reasons for having an audit even if you are not required by law to have one?
Beware of fake messages from HMRC
HMRC phishing emails, texts and tax scams
Are your business rates set to increase?
Review your revaluation details or you may find yourself paying an incorrect amount in business rates…