Are Spouses Wages Fully Deductible?
on 1 November 2017
with No Comments
HMRC have recently won a tax tribunal case where they were seeking to challenge the deduction for a wife’s wages … Read More
Business vs Non Business for VAT input tax claim
on 31 October 2017
with No Comments
When an entity has both business and non-business activities input tax claims may need to be apportioned to allow for … Read More
More penalties cancelled
on 27 October 2017
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We have reported many cases where taxpayers have had penalties overturned by the tribunals. The latest one involved an arithmetical … Read More
Simple Assessment
on 26 October 2017
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Some taxpayers that have previously needed to complete a self assessment tax return will now longer have to. HMRC will … Read More
What is a tax code?
on 25 October 2017
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For anyone in employment, you might have noticed a tax code on your payslip, most commonly 1150L. But what does … Read More
Making Tax Digital
on 24 October 2017
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Making Tax Digital will be mandatory for VAT purposes from April 2019. From then, businesses with a turnover above the … Read More
Grow your business – Part 15 – CONDUCT A FOCUS GROUP MEETING
on 24 October 2017
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Your business may benefit from convening a focus group. This will require you to gather a group of customers together … Read More
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