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How can I reclaim VAT on an unregistered supplier?
When improving your business’s infrastructure, and hire employees who are not VAT registered, you can reclaim VAT by doing this.
June 22, 2022
HMRC Could Issue Tax Assessments That Go Back Six Years
Not too long ago, the First-tier Tribunal finally came to a verdict on an extensive disagreement over the legitimacy of tax assessments. What was the result?
June 17, 2022
Discover the tax cost of unlawful dividends!
Your organisation's records for its most recent financial year have been drafted and alongside the director shareholders and dividends, these have tax outcomes.
June 17, 2022
NI is being applied to online paid gratuities and tips.
This article covers the recently made guideline changes by HMRC for employers that have to deal with gratuities and tips and how tax and NI are applied on those earnings.
June 17, 2022
Why tax relief applicants could receive a letter from HMRC?
In 2020, the total limit for business asset disposal relief (BADR) was reduced from £10 million to £1 million. What’s that all about?
June 17, 2022
Court Denies Appeal for £855k VAT Repayment
Telent Technology Services Limited (TTSL) has been denied recovery of VAT worth £855,000 as HMRC’s strike-out application is deemed approved.
June 8, 2022
Are you selling a business worth £1 million or over?
How can you claim Business Asset Disposal Relief (BADR)? Find out of you are eligible for Business Asset Disposal Relief by reaching out to us.
June 8, 2022
Use an Income Shifting Plan to Enhance Your Tax Efficiency
Income shifting is the practice of transferring some of your stream of income to another person to reduce the tax paid.
June 8, 2022