VAT flat rate scheme and bad debts 4 Jul 2013 | 07:49 pm

If you use the flat rate cash-based turnover scheme you may still be due a VAT reclaim even though you will not have paid a VAT contribution to HMRC. Section 14 of the VAT Notice 733 spells it out: ...

VAT scale charge where fuel is used for private motoring 25 Jun 2013 | 05:32 pm

Most limited companies do not provide fuel for private use, as the tax charge is normally greater than the cost of the fuel. So the following applies more often to partnerships and sole traders, where...

National Minimum Wage from 1 October 2013 25 Jun 2013 | 05:02 pm

The National Minimum Wage rates are increasing from 1 October 2013. They will be: •         Apprentice rates: £2.68 per hour. * But see note below. •         Under 18s: £3.72 per hour. •     ...

Tax where cares are are used for business and private purposes 25 Jun 2013 | 05:00 pm

There are a number of situations where care needs to be taken in the way in which claims are made for the business use of a vehicle, usually a car,  that has duality of use – business and personal. H...

Tower to Tower Blackpool to Paris 19 Jun 2013 | 08:23 pm

The ride from Blackpool Tower to the Eiffel Tower is to start on Saturday July 20th from Blackpool arriving in Paris on Saturday 27th July. More details on http://www.justgiving.com/TowerToTowerOn2Whe...

Medics travel expenses 12 Feb 2013 | 06:09 pm

In what might be a landmark decision in the interpretation of ‘wholly and exclusively’ expenditure, Dr Samadian has lost his protracted battle with HM Revenue & Customs (HMRC) over his claim for busin...

Medics travel expenses 12 Feb 2013 | 06:09 pm

In what might be a landmark decision in the interpretation of ‘wholly and exclusively’ expenditure, Dr Samadian has lost his protracted battle with HM Revenue & Customs (HMRC) over his claim for busin...

Importance of being accurate with your tax return 24 Jan 2013 | 03:36 pm

Importance of being accurate with your tax return 24 Jan 2013 | 03:36 pm

HMRC destroy a family company and 32 jobs ! 20 Dec 2012 | 06:22 pm

The Daily Telegraph has described how HMRC applied to a Judge for the right to liquidate a company, saying that fraud was being comitted, when actually, there was no evidence of fraud. The application...