Christmas Gifts to customers and suppliers

By | December 20th, 2018|business tips, tax|

The Christmas period  is the season of giving and many businesses typically use it as a chance to promote their business and reward their loyal [...]

Staff Christmas Parties

By | December 20th, 2018|accounting, tax|

Staff Christmas Parties: can you obtain tax relief on your Office Christmas Party? Must all staff attend? Is there tax relief for an owner manager [...]

RTI Payment dates help those on Universal Credit

By | December 20th, 2018|Payroll|

The Full Payment Submission (FPS) via RTI should be submitted to HMRC on or before the payroll payment date. This will be the day that [...]

Directors Tax Return -HMRC Advice now changed

By | December 6th, 2018|Business, tax|

It has long been an irritation to accountants that HMRC insist all directors must register for self-assessment and complete a directors tax return, even if [...]

VAT MOSS changes passed

By | November 29th, 2018|Business, VAT|

The draft VAT MOSS regulations have now been passed. This means a de-minimise turnover threshold of £8,818 will apply to the VAT MOSS scheme from [...]

Budget Summary 2018-19 – the key points

By | October 29th, 2018|budget, Business, tax|

The state of the Economy As announced by the Prime Minister the Era of austerity is @finally coming to an end' the chancellor repeated. [...]

Making Tax Digital (MTD) is steaming ahead

By | October 18th, 2018|Business, Making Tax Digital (MTD), tax, Uncategorised|

It was rumoured that the Minister for HMRC had to decide this month whether the Making Tax Digital (MTD) project should be stopped, postponed, or [...]

Benchmark scale rates – checking requirement to be abolished

By | October 11th, 2018|Business, tax|

Employers can opt to reimburse qualifying subsistence expenses incurred by their employees when travelling for work using the benchmark scale rates set by HMRC. This [...]

PAYE Coding out tax debts and underpayments

By | October 11th, 2018|tax|

Self-assessment tax returns for 2017/18 need to be filed online by 31 January 2019. However, if an individual wishes to take advantage of the opportunity [...]

FRS (Flat rate vat scheme) Is it still a benefit?

By | October 11th, 2018|VAT|

The VAT Flat Rate Scheme, known as FRS, for small business's is a simplification scheme which allows VAT registered traders to work out the [...]

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