Bookkeeping, Accountancy and Taxation services
Chancellor Sajid Javid has announced that the Autumn Budget for 2019 has been postponed, as Brexit is given an extension to 31st January. As a snap general election looks increasingly likely, the Chancellor is in limbo with his future spending … Continue reading Chancellor Bins Budget Amid Brexit Chaos
Helen Algar established Suffolk Will Services in 2019 and specialises in preparing Wills and Lasting Powers of Attorney and also providing Probate Advice to families following a bereavement. All of these cases are dealt with professionally, … Continue reading Client Spotlight – Suffolk Will Services
The experts at Croner Taxwise share their top 5 VAT myths… 1.Client is adamant that their car dealer has advised them that VAT incurred on the purchase of an electric car is recoverable in full. MYTH 2. A building or a piece of land is … Continue reading VAT Myths Exposed
Q: My client is a chef and has built up a successful website subscription service supplied to individuals. In return for the subscription payments, customers can sign in to the website, download PDF recipe cards, watch pre-recorded content and … Continue reading VAT Question Of The Week – VAT MOSS and No-Deal Brexit
If there is a “No-Deal” Brexit then there will be important changes to the VAT100 form. How many people actually understand what these changes are likely to be? HMRC propose that Boxes 8 and 9 change to include the value of all exports (8) … Continue reading Brexit Update – VAT Returns
As of now, the UK is scheduled to leave the European Union on 31 October. It is still unclear, however, whether and how this will happen. A deal could be agreed between the UK and the EU, meaning that a transitional period would begin, during which … Continue reading Preparing For A No-Deal Brexit
A client recently asked us to value his company, which is something every business or company owner thinks about - what is my business or company worth? Valuing a company or business is not an exact science and a lot depends on opinions and … Continue reading Case Study – Valuing a Business or Company
Q: I am assisting the trustees of a Discretionary Trust in bringing the trust to an end by distributing the remaining cash and assets to various beneficiaries. This involves IHT payable on the exit charges and the trustees would like certainty that … Continue reading Tax Question Of the Week – Inheritance Tax
So, you want to be your own boss? Studies that suggest the under 25's group have a growing desire to be self employed. How much do we know about the routes to self employment, the risks and the rewards? Tip Of The Iceberg On the surface, … Continue reading Buying A Business? The Struggle Is Real
With 500,000 businesses believed to change hands every year, you may be curious as to why? Avanti work with businesses across multiple sectors and see businesses change hands for many different reasons. The truth is, it is not always a failing … Continue reading Thinking Of Buying a Business – What Do You Need To Know?
I have a company client and they have taken a number of loans in recent years that remain outstanding, business is improving and the company is going to start paying interest on those loans. They have a mixture of loans; one from the director, one … Continue reading Tax Question Of The Week – Duty To Deduct Tax
