by THobbs | Jul 17, 2017 | News, Tax, VAT
The launch of HMRC’s Making Tax Digital for Business programme has been pushed back for many businesses until 2020, although VAT registered businesses have responsibilities from April 2019. HMRC had planned to mandate the use of digital tax records for businesses by...
by THobbs | Jun 26, 2017 | News, VAT
R&D tax relief – It’s a winner! Research and Development (R&D) tax relief and tax credits are amongst the most under-claimed tax incentives currently available. Many people often believe that unless a scientist is employed by the company, then R&D is...
by THobbs | May 22, 2017 | News, VAT
From 1 April 2017, many users of the VAT Flat Rate Scheme will be designated as “Limited Cost Traders” (“LCTs”). Those businesses affected by the Limited Cost Trader Flat Rate Scheme rules will be required to use a relevant percentage of 16.5% of their gross turnover...
by THobbs | May 16, 2017 | News, VAT
Are you spending your time with the right customers? Many commentators quote The Pareto principle (also known as the 80/20 rule). For example, 80% of our income comes from 20% of our customers or 20% of your people will be responsible for 80% of the businesses output....
by THobbs | May 15, 2017 | News, VAT
The P11D is a statutory form required by HMRC from UK based employers detailing the cash equivalents of benefits and expenses that they have provided during the tax year to their directors, and employees earning at the rate of more than £8,500 per year....
by THobbs | May 9, 2017 | News, VAT
in addition to the support and expertise we offer here at Chapman Robinson and Moore, please find below a list of other organisations that could help you develop your business. www.gov.uk – Provides advice on starting a business, tax, payroll, H&S, IT, e-commerce...
