Most of us are familiar with the term “first-mover advantage” but sometimes the “fast follower” is the winner. A Fast Follower is a company that quickly imitates the innovations of […]

Makesworth is excited to exhibit in UK Dental Congress & Exhibition 2020. Being a specialist accountant in the Healthcare sector, we are extremely delighted to support and network with all […]

Introduction From 1 January 2020, a second component will be added to the calculation of vehicle registration tax (VRT). The Nitrogen Oxide (NOx) charge will be combined with the existing […]

According to proposals set out in a government policy paper, the revised rates for statutory maternity pay (SMP), statutory adoption pay (SAP), statutory paternity pay (SPP),

Capital Allowances allow your business to secure tax relief for certain capital expenditure. Qualifying expenditure on cars must usually be allocated to one of two general pools of

There are special rules involving bicycles for work use, usually referred to as 'Cycle to Work' arrangements. The Cycle to Work scheme was introduced almost 20 years ago to

There are certain tax rules that it is important to consider if you pay for the public transport costs of your employees. The provision of public transport costs includes season

The money laundering rules are designed to protect the UK financial system and put in place certain controls to prevent businesses being used for money laundering by criminals and

Businesses can claim a 100% first-year allowance (FYA) on the purchase of certain qualifying Plant and Machinery (P&M). The cash-flow benefit of accelerated tax relief is

The VAT Flat Rate Scheme (FRS) has been designed to simplify the way a business accounts for VAT and in so doing reduce the administration costs of complying with the VAT

There are a limited range of circumstances when a company can request to be removed from the register (known as being struck off). For example, a voluntary strike-off can be

It is only permissible for a company to deduct expenditure in computing its taxable profits if incurred wholly and exclusively for the purposes of the trade. Since a company is […]