Tag Archive

Digital Tax Dashboard of HMRC

Published on September 26, 2014 By admin

Three major tax related functions of HMRC are about to get a new digital makeover. Reports suggest that these new digital services are progressing through user testing in preparation for potential release to the public in the next year. The newly designed business tax dashboard, now known as Your Tax Account (YTA), PAYE for employees […]

Can a Stock Valuation Save you Tax?

Published on February 6, 2013 By admin

At the end of each financial year, one needs to value its stock for accounting purpose. But this is a tedious exercise and not many people like to do it. But there are ways where you can you turn this into an opportunity to save corporation tax? You may not realise, but your company has […]

Is all the Anger on Tax Avoidance Justified?

Published on January 31, 2013 By admin

Most of the UK’s larger businesses have made a significant contribution to the public purse despite adverse economic conditions and public outcry over multinationals using complex tax structures to avoid paying tax. Global companies including Amazon, Google and Starbucks have attracted public ire over their corporation tax bills, but a study by PwC has found […]

Accountants as the Strategic Business Partner

Published on January 25, 2013 By admin

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.

Changes to the Online VAT Facility of HMRC

Published on January 9, 2013 By admin

Until now, HMRC’s online VAT services have been basic, but he’s recently added some genuinely useful tools. What’s to know? HMRC has recently made some additions to the VAT online services. While they are not the functions that you need on a daily basis, they will however simplify and speed up some of his application […]

Is There a Tax Advantage in Investing in Forests?

Published on October 31, 2012 By admin

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 […]

Inheritance Tax Relief When Property Prices Go Down

Published on July 27, 2012 By admin

Selling a house on someone else’s behalf in a shrinking market can lead you to a huge inheritance tax bill. But what are the options available for you to reduce the inheritance tax payable?

Fixed Fee Accountants in Fulham and Hammersmith

Published on June 29, 2012 By admin

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 […]

When Can You Get VAT Refunds on Postal Charges

Published on June 22, 2012 By admin

Since January 2011 businesses can reclaim VAT paid on certain Royal Mail services. But under certain circumstances this right may be extended to earlier years.

Shifting Value in a Family Run Business

Published on June 15, 2012 By admin

In family run businesses, if the main shareholder is retiring but wants to keep his/ her stake to ensure he/she still maintains control, how can this situation be handles without being investigated by HMRC for inheritance tax?