Most VAT registered traders will be required to file their VAT returns using MTD-compliant software for VAT periods beginning on and after 1 April 2019.
You are probably too busy running your company to think about your pension . . .
Most people understand that when you sell your main home the profit you make on the sale is exempt from tax
This is our Winter 2018 tax briefing
When you sell a business or shares in your personal company, the gain made on that disposal will normally qualify for entrepreneurs’ relief which applies capital gains tax (CGT) at 10%.
The government wants to encourage businesses to invest in plant and equipment to help them grow their operations and operate more efficiently.
Where an individual works through his or her own personal company to provide services, such as IT consultancy, that company must abide by the “IR35” rules
There were rumours before the Budget that the VAT registration threshold would be reduced, but the Chancellor has committed to hold it at £85,000 until April 2022.
This is our Tax Briefing on the Autumn 2018 Budget
Commercial properties which are more than three years old will not have VAT attached to their sale or rent unless the owner or leaseholder has opted to apply it. This is called the “option to tax”.
Electric cars are creating a buzz in environmentally-conscious companies, and not just because of the noise they make. They are cheap to run and the price of many models is coming down.
All payroll payments and deductions must be reported to HMRC under real time information (RTI).