Are you storing up tax problems?

Oct
23
Posted 2015 by admin

The new rules for VAT on the storage on goods came into force on 1 October 2012 but there does seem to be plenty of evidence that it is not properly understood. From that date… Read More

That’s never a penalty!

Oct
22
Posted 2015 by admin

I have been both shocked and surprised by HMRC’s latest approach to VAT penalties for deliberate error. “But I don’t make any deliberate errors” you may think. OK, but in HMRC’s eyes you may be… Read More

Back to the future – by Dean Blunden

Oct
21
Posted 2015 by admin

A quick glance at any social media platform today will tell you that it is Back to the Future Day, the famous day that Doc Brown and Marty McFly travelled into the distant future of… Read More

Timing is everything

Capital allowances
Sep
22
Posted 2015 by admin

The secret of a good joke may be timing, but get this wrong and no-one will be laughing. The Annual Investment Allowance is the amount that a company can obtain a 100% write down against… Read More

Travel to Work is Work

Business Travel to work
Sep
16
Posted 2015 by admin

Businesses need to be aware of a new European court ruling which has clarified that travelling time to and from work could itself be classed as work. In a landmark ruling, the European Court of… Read More

Growth top of the agenda for SMEs

Business growth
Sep
8
Posted 2015 by admin

According to research from Close Brothers Asset Finance growing a business is top of the agenda for 34 per cent of SMEs. The quarterly survey of UK SME owners and senior management from a range… Read More

Is it better to buy new or repair?

Jul
10
Posted 2015 by admin

I was recently asked by a director about the sorry state of one of the vans in his company’s fleet: “Should I replace the engine or buy a new van?” With the director being particularly… Read More

Chancellor Targets Contractors

Jul
9
Posted 2015 by admin

Upon examining the Summer Budget one could believe that Contractors are not the Chancellor’s favourite people at the moment. Firstly, he has announced that a review of IR35 is to be set up. It is… Read More

2015 Summer Budget Summary

Jul
9
Posted 2015 by admin

Whatever your political persuasion no-one could accuse the Chancellor of delivering a boring Budget. Despite the triple tax-lock announced prior to the election the Chancellor certainly did not miss the opportunity to propose numerous policies… Read More