Accounts and tax made simple
Ebay Accountant We have launched and Ebay accountancy service designed to make your taxes and accounts for your Ebay business as simple and easy as possible. Many people are now working from home selling through Ebay and if it becomes
HMRC Health and Wellbeing Professional Campaign starts 17th October 2013 HMRC’s latest campaign to get people to bring their tax records up to date was launched on 17th October. The HMRC Health and Wellbeing campaign gives health professionals until the
If you rent out a property you need to let HMRC know that you are receiving this income by 5th October following the end of the tax year in which the income started. If you have made a profit, you
If you’re a VAT-registered business in the UK that supplies goods and certain services to a VAT-registered customer in another European Union (EU) country, you’ll have to tell HM Revenue & Customs (HMRC) about the supplies by completing and EC
An employer can provide an employee with a mobile phone and this is tax free. This includes smart phones. However, the contract must be in the company’s name. If the contract is in the employee’s name and the company pays
As an accountant working exclusively with small, owner managed businesses, we are often asked can I employ family to save tax? Well the simple answer is yes – however you must be careful to ensure that they have a “proper
There are many ways to reduce your capital gains tax bill and the use of the spousal exemption is a very effective way of doing this. Everyone in the UK has an annual Capital Gains Tax exemption of £10,900 (2013/14).
If you are a small business you may be better off on the flat rate VAT scheme rather than the standard scheme. Under the flat rate VAT scheme, you use a flat rate percentage to work out how much VAT you
When you start out, you need to register as self employed with HMRC as soon as possible. Often the easiest way is to register online by clicking here: http://www.hmrc.gov.uk/selfemployed/register-selfemp.htm You will be asked to fill out an online form which
You are required to submit a tax return if HMRC have issued you with a notice to complete a return; or Your tax liability on the income you have received in the year is more than the tax that has