04/Mar/2020VAT – Option to Taxes
There are special VAT rules that allow businesses to standard rate the supply of most non-residential and commercial land and buildings (known as the option to tax). This means
03/Mar/2020Winding up your personal service company
Come April, many workers who have been providing their services through an intermediary, such as a personal service company, may find that their company is no longer needed. This may […]
02/Mar/2020Using CEST employment status determinations
Using CEST employment status determinations, Under the off-payroll working rules as extended from 6 April 2020, medium and large public sector organisations that engage workers who provide their services through […]
29/Feb/2020Is Facebook advertising right for your business?
Facebook is one of the biggest social media platforms in the world. In recent years Facebook advertising has become commonplace – but is it an effective means of advertising for […]
27/Feb/2020Coronavirus advice
Acas has published new guidance for employers and employees on the coronavirus. The guidance covers:
what to do if employees do not want to go to work
sick pay
what to do if
26/Feb/2020Tax Diary March/April 2020
1 March 2020 – Due date for Corporation Tax due for the year ended 31 May 2019.
2 March 2020 – Self assessment tax for 2019/19 paid after this date will incur a 5%
26/Feb/2020Last chance for pensions relief?
There has been much press speculation that the Government is considering cutting higher rate tax relief for pension contributions in the March Budget. However, many Tory MPs are
26/Feb/202010% reduction in Inheritance Tax rate
If your total assets exceed £325,000 then the excess will usually be subject to Inheritance Tax (IHT) at 40% when you die. A reduced rate of IHT of 36% applies where 10% or
26/Feb/2020VAT-free shopping
There is a special VAT refund scheme called the VAT Retail Export Scheme or Tax-Free Shopping that allows individuals not resident in the EU to obtain a VAT refund on goods bought
26/Feb/2020New £20 note launched
The new £20 note entered into circulation on 20 February 2020 and features the image of the artist JMW Turner. It will take a few weeks for the notes to become commonplace
26/Feb/2020P9 Notice of Coding form
The P9 Notice of Coding form is used to notify employers of the tax codes to use for employees. HMRC has begun to send email notifications to employers advising that the coding for
26/Feb/2020Property rental income and bad debt
In most cases, property rental income must be brought into account in the year in which the income was earned, even if the invoice has not yet been paid. However, a deduction is




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