Tax Advisors in Earlsfield

Delaying Capital Gains Tax

Posted by on March 8, 2013 at 10:19 am

If you have already used the 2012/13 annual exemption for capital gains tax but thinking of selling some more assets of yours, what are the options available to you? If you need to sell an asset to boost your cash flow, you may not like to share the proceeds with HMRC. Here’s a simple but […]

HMRC Loses Battle over NI on Car Allowances

Posted by on January 16, 2013 at 10:57 am

A recent court decision ruled that HMRC was wrong to charge national insurance on round sum car allowances. But HMRC is unlikely to offer a refund where you’ve overpaid, what steps do you need to take to get your money back?

Implications of Cash Accounting for VAT

Posted by on October 26, 2012 at 12:48 pm

VAT done based on cash accounting offers benefits to small businesses, However, this will only be momentarily. When your turnover reaches the limit you’ll have to leave the scheme. The cash accounting scheme is a simple way for businesses to improve their cash flow. It allows you to defer accounting for VAT until the quarter […]

How to Take Your Tax Complaint to the Next Level

Posted by on October 24, 2012 at 10:30 am

If you think that you were not correctly advised on your tax affairs or a relating tax investigation and HMRC refuses to accept, this makes the matters worse. Will this be the end of your tax investigation? And are you liable completely for the wrongdoing? Are there any steps for you to pursue justice? Keeping your […]