News

Builders – when you may not have to charge VAT
VAT for most work on houses and flats by builders and similar trades, like plumbers, plasterers and carpenters, is charged ...
Read More
Read More

Mortgage interest on rented property
Under new rules that came into effect from April 2017 the tax relief on mortgage costs for residential landlords was ...
Read More
Read More

Check which EORI number is required
The Economic Operators' Registration and Identification System (EORI) was setup as a European Union (EU) wide initiative that helps businesses ...
Read More
Read More

Accountancy expenses arising out of an enquiry
HMRC’s internal manual offer some revealing insights as to the treatment of accountancy expenses arising out of an enquiry. As ...
Read More
Read More

PAYE settlement agreements
A PAYE Settlement Agreement (PSA) allows employers to make one annual payment to cover all the tax and National Insurance ...
Read More
Read More

Tell HMRC if your company is dormant
If a company has stopped trading and has no other income, then the company is usually classed as dormant for ...
Read More
Read More

Reclaiming VAT
For most fully taxable businesses, VAT can be reclaimed on goods and services used in the course and furtherance of ...
Read More
Read More

Paying staff on jury service
If you have staff that have been called up to serve on a jury, then you must allow them the ...
Read More
Read More

Tax Diary May/June 2022
1 May 2022 - Due date for corporation tax due for the year ended 30 July 2021. 19 May 2022 ...
Read More
Read More

Planning for Basis Period reform
The basis period reforms will change the way trading income is allocated to tax years. The reforms will change the ...
Read More
Read More

Basic principles of domicile
Domicile is a general legal concept which in basic terms is taken to mean the country where you permanently belong ...
Read More
Read More