Friday, May 15th, 2020

HM Revenue & Customs (HMRC) is under relentless pressure to raise money for the government from increased tax receipts. Inevitably that means more tax and VAT investigations. In 2018-19 HMRC collected £34.1 billion through compliance activity. How is HMRC collecting more money? HMRC’s Connect System is an £80m investment programme and now contains over 22bn[…] Read more »
Posted in Company Tax, Personal Tax, Practice News, Tax Planning, VAT | No Comments »
Friday, February 3rd, 2017

Changes to the VAT flat rate scheme Newsletter issue – January 2017. In a surprise announcement in the 2016 Autumn Statement, the Chancellor announced that changes are to be made to the existing flat rate scheme for VAT (FRS) in order to tackle perceived ‘aggressive abuse’. The changes, which will take effect from 1 April 2017,[…] Read more »
Tags: FRS, VAT
Posted in VAT | No Comments »
Thursday, May 7th, 2015

Getting your finances into Summer shape It may still be spring but Summer is approaching quickly and it’s time to kick up the intensity in your workouts so you can look great at the beach or just walking around town. Here are my top tax tips for getting your finances in the best[…] Read more »
Tags: Getting your affairs in order, Limited Company, Registering VAT, Sole trader, Summer Shape, Tax Free Benefit Scheme, Tax Plan, Tax Planning, Working from home
Posted in Company Tax, Employers, Personal Tax, Tax Planning, Tax Relief, VAT | No Comments »
Tuesday, March 31st, 2015

Make money from the VAT man! I am sure the title has caught your attention and, no it isn’t a typo, there really is a way that you can be better off by being VAT registered. Any business that has sales of over £81,000 (increasing to £82,000 on 1st April 2015) in a 12 month[…] Read more »
Tags: Ashford Accountants, Getting your affairs in order, Tax Plan, Tax Planning, VAT
Posted in Tax Planning, VAT | 2 Comments »