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21-09-2017
Pension money purchase allowance reduction 2017-18

Pension money purchase allowance reduction 2017-18

One of the measures announced in the March 2017 Budget was the reduction in the annual Money Purchase ... read more

21-09-2017
Tax relief for electric vehicle charging points

Tax relief for electric vehicle charging points

In last year’s Autumn Statement, the Chancellor announced a new capital allowance for electric vehicle ... read more

21-09-2017
When is a car a van for VAT reclaim purposes?

When is a car a van for VAT reclaim purposes?

In most cases a business is unable to reclaim the VAT charged when they purchase a car. However, there ... read more

21-09-2017
Reimbursing employer for benefits in kind

Reimbursing employer for benefits in kind

It has been confirmed that the promised legislation to allow employees to reimburse their employers for ... read more

21-09-2017
Changing your company’s year end

Changing your company’s year end

There are special rules which limit the ability to change a company’s year end date. A company’s year end ... read more

21-09-2017
Closing down a limited company

Closing down a limited company

There are a number of reasons why a limited company may no longer be required and can be shut down. The ... read more

19-09-2017
New Data Protection Bill introduced to Parliament

New Data Protection Bill introduced to Parliament

Following the Statement of Intent published in August 2017, the new Data Protection Bill has now been ... read more

13-09-2017
Date announced for Autumn Budget 2017

Date announced for Autumn Budget 2017

The Chancellor has announced that the Autumn Budget 2017 will be held on Wednesday, 22 November 2017. The ... read more

13-09-2017
Reduction in dividend allowance confirmed

Reduction in dividend allowance confirmed

Now that the second Finance Bill of 2017 has been published, we finally have confirmation that a number ... read more

13-09-2017
Making Tax Digital

Making Tax Digital

The new timetable for the introduction of Making Tax Digital (MTD) has been confirmed with the ... read more

13-09-2017
Card transaction disclosures

Card transaction disclosures

HMRC’s Card Transaction Programme is a disclosure opportunity for businesses that accept card payments ... read more

13-09-2017
VAT Annual Accounting scheme

VAT Annual Accounting scheme

The VAT annual accounting scheme is open to most businesses with a turnover of up to £1.35m per year. ... read more

13-09-2017
Paying wages for the first time?

Paying wages for the first time?

There are a myriad of rules that new businesses must follow when they start employing staff for the first ... read more

13-09-2017
Landlord’s Replacement Domestic Items relief

Landlord’s Replacement Domestic Items relief

The Wear and Tear allowance that allowed landlords to reduce the tax they paid on furnished property lets ... read more

06-09-2017
New Finance Bill published

New Finance Bill published

Before the summer recess, the government confirmed that a new Finance Bill would be introduced as soon as ... read more

06-09-2017
Update child benefit and child tax credit details

Update child benefit and child tax credit details

Taxpayers in receipt of child benefit and child tax credits payments should be aware that HMRC can stop ... read more

06-09-2017
HMRC accepts changes to R & D claims

HMRC accepts changes to R & D claims

HMRC recently announced a deadline for accepting amended claims for Research and Development (R&D) ... read more

06-09-2017
Auto-enrolment penalties sky-rocket

Auto-enrolment penalties sky-rocket

Automatic enrolment for workplace pensions was instigated to encourage employees to start making ... read more

06-09-2017
Self-employed NIC increase

Self-employed NIC increase

Class 2 National Insurance Contributions (NICs) are currently paid by self-employed taxpayers and members ... read more

06-09-2017
What are VAT records and how long should you keep them?

What are VAT records and how long should you keep them?

There are distinct rules that VAT registered businesses must follow regarding retention of VAT records. ... read more

06-09-2017
Tax relief and goodwill

Tax relief and goodwill

Goodwill is usually defined as the ‘extra’ value attributable to a business over and above its tangible ... read more

05-09-2017
Failing to prevent facilitation of tax evasion

Failing to prevent facilitation of tax evasion

A new corporate offence of failing to prevent the facilitation of tax evasion will come into force on 30 ... read more

05-09-2017
Corporate governance reforms announced

Corporate governance reforms announced

The government has issued its response to its consultation which started in November 2016 on corporate ... read more

30-08-2017
VAT – beware the default surcharge

VAT – beware the default surcharge

A default surcharge is a penalty levied on businesses that submit late VAT returns. VAT registered ... read more