by Ruth Clark | Dec 6, 2023 | Uncategorised
Chancellor Jeremy Hunt announced several tax breaks for individuals and businesses in this year’s Autumn Statement ahead of the General Election next year. While they will help to put a little more money back into our pockets, other decisions made over many years on...
by Ruth Clark | Dec 4, 2023 | Uncategorised
1. Type of Intermediary Services: Commission-Based Services: If an intermediary provides services on a commission basis, the supply of those services is typically treated as a standard-rated supply for VAT purposes. Facilitation Services: Services that involve...
by Ruth Clark | Nov 22, 2023 | Uncategorised
Importers of goods to the UK from overseas no longer need a business tax account to get an Advance Valuation Ruling for their goods. The rulings, which last for up to three years, mean traders and agents can act with legal certainty on the value of the goods they are...
by Ruth Clark | Nov 17, 2023 | Uncategorised
Please read the below content in continuation with our last week newsletter. The ‘wrong’ type of business; BPR cannot be claimed If the relevant business property is in the company which: Mainly deals with securities, stocks, shares, land or buildings, or in making or...
by Ruth Clark | Nov 15, 2023 | HMRC, Tax
Group income protection policies taken out through employer salary sacrifice schemes have been wrongly treated for tax thanks to incorrect advice given by HMRC to the Association of British Insurers back in October 2019. Even though HMRC corrected this advice in...
