Zero tax on company cars – but only for one year
on 17 July 2019
with No Comments
From 6 April 2020, new zero emission models will pay no company car tax in 2020-21, 1% in 2021-22 and … Read More
Examples of major scams where businesses are targeted specifically
on 16 July 2019
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CEO fraud: This involves the scammer researching the details of the company’s main decision-maker in order to assume their identity … Read More
Partnership expenses
on 15 July 2019
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Usually all business expenditure relating to a partnership is recorded in their books and records and therefore in their accounts … Read More
Examples of major scams where businesses are targeted specifically
on 12 July 2019
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Service provider scam: Continuity of service is always important to the smooth running of a business, so a threat to … Read More
57 Ways to Grow Your Business: 5 – Write a Business Plan
on 12 July 2019
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Planning is a key element to running a successful business. To get where you want to go, you’ll need a … Read More
Claiming VAT on overpayments
on 11 July 2019
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A recent VAT case confirmed that the amount paid by a customer will usually be the amount subject to VAT, … Read More
HMRC online tax services
on 11 July 2019
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A recent tax case confirmed that penalties of £1,300 were payable by a taxpayer who claimed to have never received … Read More
Student loans
on 9 July 2019
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When a student loan is coming to an end there can be accidental overpayment of the loan by the tax … Read More
Making Tax Digital – charitable fundraising events
on 9 July 2019
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HMRC have announced that income and expenditure relating to charitable fundraising events run by volunteers can be recorded in bookkeeping … Read More
HMRC remind businesses that barter or contra transactions are subject to tax and VAT
on 8 July 2019
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HMRC have reminded business that barter or contra transactions (supplies with no money payment) are subject to tax and VAT. … Read More