Off-payroll working
on 23 October 2017
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HMRC has updated its guidance the intermediaries legislation (IR35) to clarify that the IR35 rules may apply if an agency, … Read More
Are you properly operating through your company?
on 20 October 2017
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A recent tax case has highlighted the need to ensure company affairs and personal affairs are clearly separated. In the … Read More
Business Property Relief
on 19 October 2017
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Broadly, there is favourable inheritance tax treatment to business property. A question that has been tested in various recent cases … Read More
Interesting tax fact number 2 – Is income earned abroad taxable?
on 18 October 2017
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If you are resident in the UK (live here) and are domiciled in the UK (e.g. born here) then you … Read More
Grow your business – Part 14 – APPLY THE 80/20 RULE
on 17 October 2017
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The 80/20 rule (also known as the Pareto Principle) says that 20% of your activities generate 80% of your results. … Read More
Interesting Tax Facts No.1. Tax collected by UK government
on 16 October 2017
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In the 2015/16 tax year the UK government raised £533 billion in taxation. This is made up of: Income … Read More
Director made to pay his company’s PAYE bill
on 13 October 2017
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A director paid staff and suppliers but not HMRC. HMRC accused the taxpayer of negligence and issued a personal liability … Read More
VAT has to be right
on 12 October 2017
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A recent case reminds us of the importance of getting VAT right. The taxpayer concluded that his eBay sales of … Read More
Late filing penalties – another tax payer win
on 11 October 2017
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In a recent tax case the taxpayer failed to file a tax return on time. The tax payer tried to … Read More
Grow your business – Part 13 – RESOLVE COMPLAINTS
on 10 October 2017
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If your customers have complaints that are appropriately resolved, they can become better customers than those who haven’t complained. Authorise … Read More