VAT input claims – sufficient evidence
on 2 June 2016
with No Comments
A recent case has reminded of the need to have proper purchase invoices in order to support VAT input tax … Read More
Input tax claims must relate to goods or services for the business making the claim.
on 2 June 2016
with No Comments
In a recent case (Airtours Holidays Transport Ltd v CRC, Supreme Court, 11 May 2016) Airtours had paid for services provided … Read More
Contractors working for public sector bodies and agencies
on 2 June 2016
with No Comments
HMRC are consulting on the implementation of new rules that will require public sector bodies to consider whether IR35 applies … Read More
Telling HMRC – Employee address changes
on 29 April 2016
with No Comments
If an employee address changes then you should encourage them to inform HMRC of this. This can be done at … Read More
Corporate losses
on 13 April 2016
with No Comments
For losses arising on or after 1 April 2017, when carried forward to future years the loss can be set … Read More
EC Sales List 31-Mar-16
on 7 April 2016
with No Comments
Don’t forget that if you have made any EC sales during the quarter ended 31 March 2016 that you need … Read More
National Minimum Wage – From October 2016
on 5 April 2016
with No Comments
The national living wage (£7.20) applies to workers aged 25 and over from 1 April 2016. From October 2016 the … Read More
Corporation tax and loans to participators
on 17 March 2016
with No Comments
The corporation tax rate for all companies is set to fall from 20% currently, to 19% from 1 April 2017. … Read More
VAT thresholds
on 17 March 2016
with No Comments
The VAT registration thresholds increase by £1000 from 1 April: Registration threshold from 1 April 2016 = £83,000 (based on … Read More
Class 2 National Insurance (self employed)
on 17 March 2016
with No Comments
Class 2 National Insurance (“the stamp” in old money) stopped being collected by direct debit from 6 April 2016. It … Read More