Bookkeeping, Accountancy and Taxation services
Following an HMRC webinar attended by Avanti staff, here are some useful links for FAQs. The Chancellor’s statement https://www.gov.uk/government/speeches/the-chancellor-rishi-sunak-provides-an-updated-statement-on-coronavirus COVID-19: … Continue reading Covid-19 – Helpful Resource Links
As we all embark on a minimum three-week lockdown to contain the COVID-19 pandemic unsavoury individuals are taking advantage of the pressure we are all under using this to increase their targeting of email / text and phone call scams and phishing … Continue reading Covid-19: Scam & Phishing Alert
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?
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
If you have filed a form to register as self employed, typically a CWF1 for a sole trader, SA401 for a partner or an SA1 for a Director - prepare for a long wait as HMRC advised a member of the Avanti team today that "many appear to have … Continue reading NEWSFLASH: HMRC ‘Lose’ Self Assessment Registrations
Q: I understand the Government has issued a consultation on reforming the SSP rules. How will this affect my clients as employers? Answer … Continue reading Tax Question Of The Week – Possible SSP Reformation
Q: A client is an insurance company, they are VAT registered and partially exempt (85% exempt/15% taxable). They have invested £200,000 in bespoke computer software. The software was written for them by an Israeli company, who are … Continue reading Vat Question Of The Week – Reverse Charge From Overseas
If you're starting out in business, operating as a sole trader may be the ideal way for you to start and test the waters, without all of the red tape and statutory filing that comes with running a Limited Company. However a Limited Company will … Continue reading Top Tips For Sole Traders
Q My client is a UK VAT registered recruitment agency specialising in temporary staffing within the advertising industry. As my client has the contacts, he was approached by a start-up UK marketing consultancy to help them find new contracts, and he … Continue reading VAT Question Of The Week – INTERMEDIARY SERVICES
You have one week before your payment on account is due to be made to HMRC. Please give us a call for advice on how your payment on account works, and whether or not it applies to you. (08000) 388 799 … Continue reading Deadline Approaching – 31st July
time for action sign Monthly Repeated Dates 19th of each month. Construction Industry Scheme (CIS) deadlines monthly returns Monthly payment of PAYE/Class 1 NICs if by non-electronic methods 22nd of each month. Online payments – the … Continue reading Important Dates
