Value Added Tax Codes

Value Added Tax Codes

Output & Input, Sales & Purchases and box 1 to box 9 are all important factors when putting together a VAT return. QuickBooks and Xero among others have really opened the floodgates when it comes to selecting a VAT rate for a transaction and each rate will...
High Income Child Benefit Charge

High Income Child Benefit Charge

Tax return filing is now in full swing and its incredibly important that your tax return is accurate to avoid any issues or surprise tax bills from HMRC in the future. One common issue we run into that clients are unaware of is the High-Income Child Benefit Charge....
Help Sheet

Help Sheet

Each tax year brings its new challenges for any business as well as new tax rules, laws, limits and allowances. To help keep clients informed we produce an annual ‘Help Sheet’ and for the first time we are able to publish this on our website to make...
Registering for Making Tax Digital

Registering for Making Tax Digital

Making Tax Digital for VAT Making Tax Digital is now less than three weeks away and it’s important that businesses are ready for the big switch over. Reports show that over 1.4 million businesses have still not yet registered to the new scheme. This first stage of...
Payments on Account

Payments on Account

Payments on Account Payments on Account (POA) can be a daunting prospect for anyone who has to file a personal tax return and can certainly be a shock to anybody who hasn’t previously had to make them. Our continued commitment to make understanding tax easier has lead...
The Budget 2018

The Budget 2018

Phillip Hammond has delivered his big Brexit budget to the public. His third budget as chancellor as always comes with changes and adjustments which affect us all one way or another. We have decided to narrow down a few key points which have a direct impact on us and...