Bookkeeping, Accountancy and Taxation services
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
Accountants and tax advisers have been able to view the VAT registration certificates of their clients listed in the old Government Gateway account (GGA) for many years. Businesses have been able to view them in the Business Tax Account (BTA). But … Continue reading HMRC removes online VAT registration certificates
With the 2018/19 P11D deadline looming, should I be considering payrolling benefits in future? What is the advantage? What do I need to do and when? Answer … Continue reading Tax Question Of The Week – P11D’S & PAYROLLING BENEFITS
Q: My client who is a small retailer specialising in bespoke leather goods, and all sales to date have been within the UK. In order to expand her customer base, she is launching a website and planning to sell through Amazon. Are there any VAT … Continue reading Vat Question Of The Week – Distance Selling In The UK
