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6 ways self-employed individuals can take care of their money throughout the cost of living crisis.

by Martin Craighan | Jun 23, 2022 | Latest Tax News, SAVE YOU TAX, Tax News, Tax Tips

More individuals are starting their very own businesses following the coronavirus pandemic. The number of self-employed people has continuously increased over the last two decades, climbing from 3.2 million in December 2000 to over 5 million at the start of 2020,...

VAT-efficient supplies to directors as well as workers

by Martin Craighan | Jun 22, 2022 | Latest Tax News, SAVE YOU TAX, Tax News, Tax Tips

Since you and your fellow directors typically work from residence you need more recent and also far better IT devices. The company will certainly buy it wholesale to obtain a discount rate and after that move it per employee. What’s one of the most VAT-efficient...

HMRC redefines “business activity” for VAT

by Martin Craighan | Jun 22, 2022 | Latest Tax News, SAVE YOU TAX, Tax News, Tax Tips

A lot more employees than ever appear to be working from the house. Nevertheless, it is often impossible for workers to do their employment duties at home, so they must work at their company’s business premises. Living closer to work If an employee lives some...

Tax relief– And a ‘Lie-In’!

by Martin Craighan | Jun 22, 2022 | Latest Tax News, SAVE YOU TAX, Tax News, Tax Tips

A lot more employees than ever appear to be working from the house. Nevertheless, it is often impossible for workers to do their employment duties at home, so they must work at their company’s business premises. Living closer to work If an employee lives some...
Were HMRC’s assessments provided in time?

Were HMRC’s assessments provided in time?

by James Wallis | Jun 2, 2022 | Accounting, HMRC, Latest Tax News, Self-assessment, Tax News, Tax Tips

The First-tier Tribunal lately ruled on a future fight over the validity of tax assessments A key problem was whether the taxpayer’s delay offered HMRC the right to prolong the moment restrictions for issuing them. What was the end result?   Exploration...
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