VAT on rental income and related expenditure
on 11 January 2023
with No Comments
If you charge a rent on commercial property you should only add VAT if you have made an “option to … Read More
HMRC App
on 3 January 2023
with No Comments
As part of good finance housekeeping we recommend that directors install the HMRC app on your phone. You should use … Read More
VAT Flat Rate Scheme
on 26 October 2022
with No Comments
HMRC have issued a new version of the flat rate scheme notice. Some important points about the flat rate scheme … Read More
Non-taxable scholarships
on 28 January 2022
with No Comments
Please can I have a tax free scholarship instead of a salary that is subject to tax and national insurance … Read More
Foreign Contracting Arrangements
on 18 November 2021
with No Comments
Mutuality, substitution and control are UK characteristics of employment, from case law. These are not likely to be relevant in … Read More
5 April tax accounting date for all sole traders and partnerships
on 11 November 2021
with No Comments
Currently a sole trader or partnership can draw up accounts to any date they want to. Their tax for any … Read More
Research and Development – Claimer Beware
on 19 October 2021
with No Comments
It has been my long standing view that many Research and Development (R&D) tax claims are at best debatable … Read More
Accounting Date of Sole Traders and Partnerships
on 12 October 2021
with No Comments
The government have been making confusing announcements about the introduction of “Making Tax Digital” (MTD), accounting date rule changes and … Read More
Employees Working Abroad
on 5 October 2021
with No Comments
This Tax Tip is brief compared to the vast subject matter it relates to. As the BBC often says after … Read More
HMRC System is Broken
on 21 September 2021
with No Comments
We have seen many instances recently of HMRC completely failing to deal with paperwork. It seems that many HMRC departments … Read More