2024年12月18日 · As we end the end of the calendar year and approach start of the 2025/26 tax year, getting ahead of key dates and deadlines and sharing them with your clients long before they appear is a great way to be prepared for the year ahead.

2022年10月14日 · Company shares are not a one-size-fits-all thing and will come under several different share classes. As long as due process is followed, and subject to any restrictions in its articles of association, new share classes can be created by companies at any time.

2022年5月13日 · Under the Gift Aid scheme, charities may reclaim basic-rate tax from monetary donations received from UK taxpayers. In the case of a donor making a charitable donation of £100, the charity will receive the donation of £100 and because the donation is deemed to have been paid under the deduction of basic-rate income tax, the charity can reclaim £25 from …

2023年11月30日 · 2. Reverse charge relating to services – purchases from suppliers. When a UK business is receiving a service from overseas, if VAT-registered, the business takes the net figure on the invoice and treats it as both a sale and a purchase, the net figure going into Boxes 6 and 7.

2024年10月18日 · The other good news is that the usual restrictions on changing accounting date are disapplied from 2023/24 onwards. That means there is no need to worry about whether there has been a previous change of accounting date in the last five years.

2024年11月26日 · Operation of the Construction Industry Scheme (CIS) can cause a lot of confusion, leading to a variety of errors some of which arise time and time again.

2024年12月6日 · On 19 February 2024, HMRC removed the changes issued in respect of the tax treatment on double-cab pickups (DCPUs), which was initially updated on 12 February 2024 following a 2020 Court of Appeal judgment. Then, following the Autumn Budget in October 2024, the government has stated that DCPUs will no longer be treated as commercial vehicles from …

2025年1月21日 · Xero is a cloud-based accounting software platform for small businesses with over 3 million subscribers globally. Through Xero, small business owners and their advisors have access to real-time financial data any time, anywhere and on any device. Xero offers an ecosystem of over 1,000 third-party apps and 300 plus connections to banks and other …

Common mistakes made when operating the Construction Industry Scheme. The recent changes introduced from 6 April 2021 suggest that HMRC remain focused in their compliance approach regarding the construction industry arena.

2025年1月3日 · I saw about 100 invalid R&D claims made by agents last year, and that one would make the top 10. My favourite was a garage who were advised installing a storage container to keep their tyres in would qualify, as this would allow them to "streamline their car fixing operations" as they would have more space to work.