Accountants in Chelsea

VAT – Planning for Uncertainty

Posted by on August 8, 2016 at 11:08 am

The doubt has increased since the Brexit if the government and the business plans for the future has an effect on VAT. The tax was introduced in 1973 and is a relatively young tax in UK terms. But VAT has wound its way into the system with ruthless efficiency. Now that the Referendum happened and […]

Important Announcements from the 2014 Autumn Statement

Posted by on December 5, 2014 at 12:58 pm

So, how this year’s autumn statement would affect you. Here are some important announcements from the autumn statement that was presented this week. Tier system introduced for stamp duty. Under the old stamp duty rules, you would need to pay stamp duty Tax at a single rate on the entire property price. However, under the […]

Accountants as the Strategic Business Partner

Posted by on January 25, 2013 at 10:38 am

The overwhelming message coming from the business community is that accountants now and in the future need to be strategic business partners. If they are to add value to business and develop a successful career, they need to share insight and guide strategic decision-making, rather than simply analyse and report on data.

Autumn Statement; What’s in it For the Savers and Pensioners

Posted by on December 28, 2012 at 10:59 am

For savers, the annual ISA contribution limit will rise modestly from the current level of £11,280 to £11,520 from April 2013, a rise of 2.1%.. But previously it was said that this would be increased in line with inflation. What about pensions? The basic state pension will rise by 2.5% next year to £110.15 a […]

Is There a Tax Advantage in Investing in Forests?

Posted by on October 31, 2012 at 10:49 am

If your company is looking at ways of investing spare cash then investment opportunities relating to woodlands is worth considering. The reruns from these investments are sizeable and also come with tax incentives. If you search for details it’s not difficult to find reports of investments in woodlands producing annual returns in double figures. Usually […]

More Tax Investigations on the Way

Posted by on October 19, 2012 at 2:45 pm

Now it is a practice of HMRC to visit businesses to check the authenticity of their records. But earlier this year, they were put on hold. However, they are going to restart this process. The government has made has made their intentions clear to check on the records of businesses as part of its war […]

Fixed Fee Accountants in Fulham and Hammersmith

Posted by on June 29, 2012 at 10:30 am

When you look for an accountant, what are the things that you look for most? Many business owners will look whether the particular accountant has the capability to handle the tasks that he / she wants them to do. Apart from the capability of the accountant to deal with final accounts, VAT, bookkeeping, personal tax […]

Are you Paying Too Much VAT on Fuel?

Posted by on June 8, 2012 at 10:30 am

The application of VAT law has been done incorrectly by HMRC. The law states that how much VAT is payable where businesses pay for fuel used for private mileage.

Ensuring Maximum Tax Efficiency by Choosing the Right Equipment

Posted by on June 1, 2012 at 9:23 am

When purchasing equipment for your business or when renewing existing equipment, HMRC gives special incentives if you buy specific makes that saves energy. However, first you have to track a supplier that sells these types recommended by HMRC. Capital allowances enable you to write off your costs of capital assets against your taxable profits. The […]

Is There a Tax Advantage to a Sale and Leaseback?

Posted by on May 14, 2012 at 2:03 pm

Recent statistics show that despite all the propaganda by the government and by the banks, the lending to businesses in 2011 compared to 2010 had been low. This lending squeeze has meant more and more businesses are looking for alternatives measures to bank loans, such as raising capital from the assets they already own. This […]