02/Sep/2019VAT registration sooner or later?
Once a business is up and running, the next major administrative area to be faced often concerns the subject of VAT. At first glance, it looks complicated – not to […]
29/Aug/2019Government to end free movement if a no-deal Brexit
If the UK leaves the EU without a deal in place on 31 October 2019, EU, EEA and Swiss citizens (and their family members) who are living in the UK by this date will still be
28/Aug/2019Do you trade with EU companies?
The new Chancellor, Sajid Javid, has stepped up plans to help ensure businesses are ready to trade post-Brexit if the UK leaves the EU without a deal. If you trade goods with the
28/Aug/2019How dividends are taxed
The dividend tax allowance was introduced in April 2016. It replaced the old dividend tax credit with an annual £5,000 dividend allowance with tax payable on dividends
28/Aug/2019Deregistering for VAT
A compulsory VAT deregistration is usually required if you:
Stop making taxable supplies
Sell your business
Change legal status
Disband a VAT group
Join a VAT group
Join
28/Aug/2019Blind Person’s Allowance
The Blind Person’s Allowance is an extra amount of tax-free allowance made available to those who are eligible. The allowance for the current 2019-20 tax year is
28/Aug/2019New CGT rules for homeowners
Currently, if a property has been occupied at any time as an individual’s main private residence, the last 18 months of ownership are disregarded for CGT purposes. This
28/Aug/2019The importance of a written contract
The importance of having a written contract when deciding employment status should not be understated. Failing to make proper provision for written contracts can mean relying on
27/Aug/2019Tax Diary September/October 2019
1 September 2019 – Due date for Corporation Tax due for the year ended 30 November 2018.
19 September 2019 – PAYE and NIC deductions due for month ended 5 September 2019. (If you
21/Aug/2019Closing a business when a member’s voluntary liquidation is beneficial
Although it is possible to strike off a company and for distributions made prior to dissolution to be treated as capital rather than as a dividend, this is not an […]
20/Aug/2019National Insurance if you work abroad
If you move abroad, it can often be advantageous to continue paying your UK National Insurance Contributions (NICs) in order to preserve your entitlement to the UK State Pension
20/Aug/2019Tax if you work abroad
If you are leaving the UK to work abroad for at least one year (or permanently), there is a requirement to notify HMRC. This is done using a P85 form which should be completed and




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