VAT zero rate
Due to EU legislation the UK is no longer able to add to the zero rate categories. The minimum VAT rate that can be applied to any ...
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VAT – Special scheme for retailers
As most retailers sell a high volume of lower priced commodities, some subject to zero rate and some standard rate VAT, HMRC have ...
VAT Group?
A VAT group is a special arrangement where two or more entities can elect to be treated as a single taxable person for VAT purpos ...
Overdrawn director’s loan accounts?
If you are a director of a small company you may have made private payments using the company’s bank account or other resources. ...
Merging NIC and Income Tax?
The Government has started a formal consultation process to consider the merging of National Insurance and Income Tax into a compo ...
More on Annual Investment Allowance change
In our July update we advised businesses to take care when timing their capital expenditure during 2012. You may remember that the ...
HMRC crackdown on tax evasion and avoidance
HMRC are presently pursuing a number of campaigns designed to target taxpayers who have been less than forthcoming in declaring th ...
IHT – Incentive for charitable legacies
On 10 June 2011, the Government published a consultation document entitled 'a new incentive for charitable legacies'. The subject ...
Furnished Holiday Lets Update 2011-12
Owners of Furnished Holiday Lets (FHL) property may like to consider the following planning points: 1. Loss relief The abi ...
Annual Investment Allowance 2011-2012
At the end of the current fiscal year, 5 April 2012 for income tax payers and 31 March 2012 for companies, the current level of An ...
