Month: December 2020

Correcting errors on VAT returns

Where an error on a past VAT return is uncovered, businesses have a duty to correct the error as soon as

HMRC crackdown on avoidance schemes

HMRC and the Advertising Standards Authority (ASA) have come together to jointly target misleading

Could the Trader Support Service help your business?

The new Trader Support Service has been designed to help businesses moving goods under the Northern

VAT on delivery charges

The process for working out the VAT treatment of delivery charges can be quite complex.

We have listed

Employing domestic staff

When you employ someone to work in your home it is your responsibility to meet the employee’s rights and

New Christmas grant for pubs

The Prime Minister, Boris Johnson, has announced an additional one-off £1,000 Christmas grant for wet-led

Do you owe CGT on the sale of a residential property?

HMRC has issued a press release to remind taxpayers that have sold a residential property, which was not

SDLT change for mixed use buildings

HMRC’s published guidance on the application of the 3% higher rate of Stamp Duty Land Tax (SDLT) has been

Double entry demystified

Most business owners will know the difference between a profit statement and a balance sheet.

Both are

Beware requests from bogus charities

It has been estimated that almost £350,000 of charitable donations last year ended up in the pockets of