As a general rule, there are no capital allowances available for expenditure on plant and machinery in a dwelling house. In a recent Tax Tribunal case it was decided that only equipment installed in the “common parts” of a dwelling house qualifies for tax relief. This would typically comprise a common entrance lobby, corridors, stairs […]
£16m in new government funding is now available to help businesses train staff in making customs declarations, and to help businesses who support others who trade goods to invest in IT. This will ensure that trade with the EU continues as smoothly as possible after Brexit. Grants can be used to support: training costs for […]
For VAT periods starting on or after 1 April 2020 (or 1 October 2020 for deferred businesses) your accounting systems must use digital links for any transfer or exchange of data between software programs, products or applications used as functional compatible software. That is the end of the current 12 month “soft landing” extension. Businesses […]
The rules for taxing dividends changed radically from 6 April 2016 with the removal of the 10% notional tax credit and the introduction of new rates of tax on dividends. For many taxpayers that means more tax to pay on dividends on 31 January each year. If you are a higher rate taxpayer and received […]
The government has announced that there will be a zero P11d benefit for the drivers of electric cars from 2020/21. This is instead of the 2% scale charge that was originally included in Finance Act 2017 to apply for 2020/21. The legislation for the change will be included in Finance Bill 2020 and it is […]
We are currently upgrading our client portal, and will very shortly be moving over to a new cloud based product called CCH OneClick. CCH OneClick is all about connectivity, bringing our practice even closer to our clients. It will enable us to securely exchange messages, files and information online. Further information will be sent to clients […]
We have a great opportunity to join our team as an Office Administrator to start immediately. The role is a varied and rewarding one, and will include a mixture of reception duties, premises management and document compliance, alongside ad-hoc projects and general secretarial support to the team. Experience required You will ideally have had at […]
Whilst uncertainty continues over when and how Britain will leave the EU, and how this will affect businesses in the UK it is worth thinking about how the various scenarios could affect your company – what-ever the outcome. The list below is clearly not exhaustive. There are useful and detailed checklists available from Government Website, The British […]
Annual Returns If your charity last did an annual return before 12 November 2018, the system has changed and you will need to ensure that your charity’s information is up to date, and all relevant details are in place on the Charity Commission website. What does your charity need to do? Check that you can log […]
The extension of the “off-payroll” working rules to the private sector mentioned above is planned for April 2020 but in the meantime tax tribunal decisions are still being decided against HMRC. In a recent case involving a radio presenter working for TalkSport, it was decided that the presenter would not have been an employee if […]
