While the General election is dominating the headlines, political parties are promising big spends on all the usual political hotbeds – healthcare, education, defence etc, here Avanti explore how the funds will be raised from you, the Great British … Continue reading How Much Tax Are You Paying?
Homeowners in central London could earn more than the cost of Christmas through renting in December, but there are tax risks for exceeding the rent a room scheme threshold. By short letting their homes over the festive period, when demand for … Continue reading Tax Traps For Londoners Renting Over Christmas
There's two things you didn't expect to see in the same sentence, and that's what makes Avanti unique! I promised you a fun fact Did you know that it was accountant, Walter Diemar who invented bubblegum in 1928? With resilience that won't … Continue reading Accountants…Fun Facts
Have You Had A Fright? Tax liabilities higher than expected?Has payroll and P11d got you petrified?Are you mystified by Making Tax Digital?Is bookkeeping driving you batty?Are you scared by self-assessment tax returns?Are the VAT vampires giving … Continue reading Are Your Business Finances a Nightmare?
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