For some years the government have recognised that the IR35 rules have not been working and introduced legislation in April 2018 to tackle the tax gap but only in relation to those working in the… Read More
Aimed at small and/or start-up companies looking to raise money from investors the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) both offer very attractive tax reliefs. Often used in conjunction with crowd… Read More
In his 2018 Budget, the Chancellor announced a new “Structures & Buildings Allowance” (“SBA”) for new non-residential structures. “Hark, it’s an Industrial Buildings Allowance”, I hear you cry! And you probably wouldn’t be too far… Read More
Once again, we approach tax year end, with some thoughts on what to do to ensure you are tax optimal! Accountants and Financial Advisers alike provide their hints and tips to their clients on how… Read More
As a consequence of the increasing amount of missing trader VAT fraud in the construction industry forthcoming changes will alter the way that vat is calculated and paid by affected businesses. From 1 October 2019… Read More
Since its introduction IR35 has been fraught with uncertainty and it has never produced the millions of extra tax revenue that the Government predicted. HMRC have very few officers working on IR35 cases and following… Read More
We are delighted to announce that we have successfully submitted our first VAT return under the new Making tax Digital for VAT service #MTDfB. This makes us one of the first firms in the country… Read More
We are delighted to be partnered with Oxford Brookes University on their ACES project (Accounting for Community: Engaging Students) This week 16 undergraduates came to our office in Abingdon for a Charity Accounting Workshop. As… Read More
In under 6 months the Government’s first phase of digital taxation for businesses “ Making Tax Digital for VAT ” goes live, yet there still appears to be very little knowledge of what the rules… Read More
At the very heart of direct taxation for the self-employed is the concept of “wholly and exclusively for the purposes of the trade”. In order for an expense to be tax deductible the sole purpose… Read More
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