By Tom Maxwell In Tax TipsPosted 13/09/2017 Double glazing salesman was self-employed Employment status tax cases often make the headlines in the professional press and the June 2017 case of Tomlinson was no exception. In this case, the First-tier Tribunal found that a double [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 13/09/2017 Making Tax Digital for Business: update In July, the Government confirmed that the Summer Finance Bill would be published in September, with the measures dropped from the pre-election Finance Bill being reintroduced in more or less the [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 13/09/2017 September Question & Answers Q. I have two small businesses which are treated as a group for VAT purposes, so we only submit a single VAT return covering both entities. Are we eligible to use the Flat Rate Scheme? A. [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 13/09/2017 September Key Tax Dates 19/22 – PAYE/NIC, student loan and CIS deductions due for month to 5/9/2017 30 – Closing date to claim Small Business Rate Relief for 2016/17 in England 0 Read More
By Tom Maxwell In Advice, BlogPosted 30/08/2017 Charitable giving – everyone’s a winner Most of us have heard of gift aid, if only because charity workers are trained to ask us “would you like to gift aid that?” The principal benefit explained by those charity workers is that for [...] 0 Read More
By Tom Maxwell In BlogPosted 11/08/2017 Do you think that the supply of a room for a wedding ceremony is VATable? HMRC say “I do” A recent VAT Tribunal decision means those providing licensed wedding venues should check their VAT position. Blue Chip Hotels Limited (BCH) had a room which was approved under the Marriages and [...] 0 Read More
By Tom Maxwell In BlogPosted 11/08/2017 Online marketplaces and VAT With effect from 1 August 2017, eBay sellers living in the UK will be doing business with eBay (UK) Limited rather than the Luxembourg based eBay Europe. This means that UK VAT standard rate of [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 08/08/2017 Mileage rates for electric and hybrid cars Some confusion has been reported over how businesses should calculate mileage expenses rates for electric and hybrid company cars. This confusion has arisen largely because HMRC’s advisory [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 08/08/2017 Switching to the cash basis Many small, unincorporated businesses choose to use the ‘cash basis’ for working out taxable income. Under this method, participants will be taxed on the basis of the cash that passes [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 08/08/2017 SDLT on second homes Stamp Duty Land Tax (SDLT) is payable on the purchase of residential property in increasing portions of the property price above £125,000. Current rates of SDLT on individual and additional [...] 0 Read More