by Ruth Clark | Jan 18, 2023 | Business, Tax
New Extended Producer Responsibility (EPR) come into effect at the very start of 2023, and companies need to be aware of their responsibilities when it comes to every type of packaging from wood, plastic, paper, glass and ‘other’ as determined by the new rules....
by Ruth Clark | Jan 16, 2023 | Business, Tax, VAT
It is quite common for a business to start a project, and then it either cannot progress for reasons outside the business’s control or the intended use changes. However, what happens to the VAT that has been reclaimed on the start-up or development costs if the...
by Ruth Clark | Jan 11, 2023 | Business, Tax
Christmas parties or even regular summer BBQs, or annual team building events may need to be declared to HMRC for the current 2022/23 tax year if they do not meet certain rules, so you need to be sure you meet all the relevant rules for the exemption. The key...
by Ruth Clark | Jan 4, 2023 | Business, Tax
Yes, here we are again, the Christmas tradition of dealing with your self-assessment tax return is back for another year, and you need to get everything sorted as soon as you can. The final deadline for filing your self-assessment is January 31, 2023, for the...
by Ruth Clark | Jan 2, 2023 | Business, Tax
If the company taking over gives you cash and shares you may have to pay Capital Gains Tax on the cash you get. If you get a small amount of cash You don’t pay Capital Gains Tax if both of the following apply: you get less than £3,000 or an amount less than 5% of the...
by Ruth Clark | Dec 28, 2022 | Business, Tax
It’s that time of year again – the shops are playing Christmas music, there are Christmas films starting to appear on the TV, and for many of us, there is a tax deadline looming, whether that is personal or for our business. This is the busiest time of year for...
