Tag Archive

Delaying Capital Gains Tax

Published on March 8, 2013 By admin

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

Published on January 16, 2013 By admin

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

Published on October 26, 2012 By admin

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

Published on October 24, 2012 By admin

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 […]