VAT on costs can only be claimed in so far as the costs are attributable to taxable supplies. A recent … Read More
HMRC have taken to naming and shaming those not paying the full national minimum wage. If you are a sole … Read More
The tax free perks we see most often used by small business owners are pensions, child care vouchers, mobile phones, … Read More
HMRC have issued some further details on their making tax digital strategy. Partnerships, sole traders, self-employed and landlords with turnover … Read More
A recent case has reminded of the need to have proper purchase invoices in order to support VAT input tax … Read More
In a recent case (Airtours Holidays Transport Ltd v CRC, Supreme Court, 11 May 2016) Airtours had paid for services provided … Read More
HMRC are consulting on the implementation of new rules that will require public sector bodies to consider whether IR35 applies … Read More
HMRC have published further information about their Making Tax Digital strategy. The includes: Taxpayers should not have to give HMRC … Read More
For losses arising on or after 1 April 2017, when carried forward to future years the loss can be set … Read More
The national living wage (£7.20) applies to workers aged 25 and over from 1 April 2016. From October 2016 the … Read More