Self-employed workers will be able to claim the fourth Self Employment Income Support Scheme (SEISS) Grant from 22 April 2021. Commenting on the launch of the grant, the Institute of Chartered Accountants in England and Wales (ICAEW) said the scheme has opened later than planned to allow HM Revenue & Customs (HMRC) to “manage demand”. […]
With everything that 2020 and the coronavirus pandemic has thrown our way, you must consider taking steps to reclaim your time to achieve any business-related goals you have.
If you are planning on spreading some festive cheer for your employees through a virtual staff party this winter, you will need to be aware of the potential tax implications.
We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year. Welcome to our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. Please contact us […]
Welcome to our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. This month’s topics Company vans update VAT reverse charge in the construction industry Postgraduate Loans – what employers need to know HMRC warn of tax scams December questions and answers December key tax dates […]
The VAT treatment of children’s clothing has always been a source of confusion. According to HMRC sales of clothing designed for young children are zero rated. No VAT is payable by the supplier or manufacturer of the item. When is a blanket an item of clothing? A recent case between HMRC and a supplier of […]
Download PDF for Offline Reading Whether you’re a buy-to-let landlord, a shareholder, an art dealer or you fall somewhere in between, the chances are you will be familiar with paying capital gains tax (CGT). CGT is payable when you ‘dispose’ of a certain item and make money from the sale, with the amount you’re liable […]
Welcome to July’s Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout […]
16% jump in compliance take from investigations into payroll and expenses HMRC continues to be inventive in its hunt for extra tax revenue – always searching for new areas to investigate. One recent trend we’ve spotted is an increasing crack down on payroll and expenses. Crackdown on Payroll and Expenses Its investigations in this area […]