This factsheet focuses on VAT matters of relevance to the smaller business. A primary aim is to highlight common risk areas as a better understanding can contribute to a reduction of errors and help to minimise penalties. Another key ingredient in achieving that aim is good record keeping, otherwise, there is an increased risk that … Read more
HMRC have introduced a number of VAT schemes over the years designed to reduce the administrative burden on small businesses. One such scheme is the annual accounting scheme. To read more – download the factsheet below:
The flat rate scheme for small businesses was introduced to reduce the administrative burden imposed when operating VAT. To read more – download the factsheet below:
Due to the ever-changing tax legislation and commercial factors affecting your company, it is advisable to carry out an annual review of your company’s tax position. To read more – download the factsheet below:
Under corporation tax self-assessment large companies are required to pay their corporation tax in four quarterly instalment payments. These payments are based on the company’s estimate of its current year tax liability. To read more – download the factsheet below:
Every year, HMRC issue a notice to file to companies. In most cases, the return must be submitted to HMRC within 12 months of the end of the accounting period. To read more – download the factsheet below:
Investment in property has been and continues to be a popular form of investment for many people. To read more – download our factsheet:
Over the coming years, the government will phase in its landmark Making Tax Digital (MTD) initiative, which will see taxpayers move to a fully digital tax system. To read more – download the factsheet below:
