20 Mar 2019
Warning! Self assessment glitch causing confusion
An HM Revenue & Customs (HMRC) computer error has seen many people who completed a self assessment tax return by the deadline of 31 January being wrongly told that they...
20 Mar 2019
Business tips: understanding Research & Development Tax Relief
The Research and Development (R&D) Tax Relief scheme are Government tax breaks designed to encourage innovation by incentivising companies to invest in R&D, enabling them to reduce their tax bill...
18 Mar 2019
Change to VAT law & vouchers – are your systems up-to-date
The VAT treatment of vouchers changed with effect from 1 January 2019. Vouchers include gift cards and gift tokens, for example simple book tokens, gift vouchers, and electronic vouchers purchased...
14 Mar 2019
Government pushing ahead with digital VAT changes
Chancellor Philip Hammond has announced that he is pushing ahead with the proposed changes for VAT-registered businesses. From 1 April, small businesses with a turnover above the 85,000 VAT threshold...
12 Mar 2019
HMRC cracks down on estate agents
HM Revenue and Customs (HMRC) has launched a crackdown on money laundering in the property industry, which has seen a number of estate agent branches targeted in unannounced inspections. Countywide...
11 Mar 2019
Customs intermediary grants – don’t miss out!
Time is running out to apply for HMRC’s Customs Intermediaries Grant Scheme - training grants for customs intermediaries and traders. Designed to help your business build capacity and improve efficiency...
08 Mar 2019
Buy new equipment before 6 April?
Your business year end, not 5 April, is relevant for capital allowances purposes. If, however, you are running a business and making up accounts to 31 March or 5 April,...
07 Mar 2019
Radio 4 wants to speak to business owners preparing for Brexit
BBC Radio 4 is interested in speaking with business owners as they make arrangements for Brexit; particularly those that trade with the EU. Participants can be of any political persuasion...
06 Mar 2019
“Much-loved” high street stationery provider restructure plans
As the UK high street continues to be squeezed by the economic downturn, competitive price pressures, increased costs and consumer caution, yet another well-known retailer has announced plans to close...
04 Mar 2019
Diary of main tax events: March/April 2019
Below is a list of the main tax events for March and April 2019. It is important to be aware that filing your tax return late, or failing to pay...
01 Mar 2019
Claims for R&D reliefs which form a part of an amended return
From 1 April 2019 all claims for Research & Development (R&D) reliefs which form a part of an amended return must include a completed CT600 and a Corporation Tax computation....
01 Mar 2019
Business owners urged to prepare for no deal
After getting an EORI number, businesses need to take the second step and consider how they want to make customs declarations. This usually means using a customs agent. For...
28 Feb 2019
Making Tax Digital could a mean huge productivity boost for UK SMEs
SMEs across the UK could benefit significantly from a productivity boost as a result of upcoming tax digitalisation, new research suggests. According to The Productivity Payout: UK Small Businesses and...
28 Feb 2019
Workplace pensions – contribution increase
This April will see the start of increased pension contributions for employers and their staff. The total minimum contribution will rise from 5 per cent to 8 per cent. Increasing...
27 Feb 2019
Make the most of your fashion space
Now, this might seem like something that is easier said than done, but there are items on your balance sheet and cashflow forecast that can be reduced and tightened to...