Errors on VAT Returns
on 4 December 2015
with No Comments
If you make an error on a VAT return then you simply adjust for it on the next VAT return, … Read More
Mileage allowance – Reclaiming VAT
on 2 December 2015
with No Comments
If an employee or director uses their own vehicle for allowable business journeys the company can pay them a tax … Read More
Dispensations – Required Checking Systems
on 2 December 2015
with No Comments
We routinely get a dispensation in place for our payroll clients. This is a notice from HMRC that removes the … Read More
PAYROLLING OF BENEFITS IN KIND
on 1 December 2015
with No Comments
Legislation to require employers to report Benefits in Kind in real time as opposed to the end of year form … Read More
IS YOUR COMPANY CARRYING OUT RESEARCH AND DEVELOPMENT (R&D)?
on 1 December 2015
with No Comments
The Government is concerned that many small businesses are not taking advantage of the generous tax breaks for undertaking R&D. … Read More
TAX RELIEF UNDER THE ENTERPRISE INVESTMENT SCHEME (EIS and SEIS)
on 1 December 2015
with No Comments
The Enterprise Investment Scheme allows unconnected investors to obtain a 30% set off against their income tax liability up to … Read More
Autumn Statement
on 25 November 2015
with No Comments
Not too much affecting our clients significantly in today’s Autumn Statement. Some points of interest: The much heralded U turn … Read More
National Living Wage (NLW)
on 23 November 2015
with No Comments
The adult National Minimum Wage (NMW) rate is currently £6.70. From 1 April 2016 a new National Living Wage (NLW) … Read More
Do you need a tax return?
on 23 November 2015
with No Comments
There are many reasons why you may need to complete a self assessment tax return. The most common reasons we … Read More
