Proposals for consumer protections when companies collapse
January 2, 2019

The government is to consider new laws to protect consumers who have prepaid for products when a business becomes insolvent.

• Government to consider new laws to protect consumers who have prepaid for products when a business...

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Time for a tax-free seasonal bash?
December 20, 2018

Time to let your hair down? Enjoy a festive moment or two with your business colleagues and staff? If you are careful with your budgeting, you can enjoy the event without increasing your tax or National Insurance payments. Here’s what you...

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Merry Christmas
December 18, 2018

From a business perspective there is not much to be merry about this year especially if you need some clarity regarding our impending exit from the EU.

Never-the-less, business owners would be wise to consider the tax-free gifts that...

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Brexit may be in limbo, but Making Tax Digital is not
December 17, 2018

As we have highlighted in many posts to this blog, from 1 April 2019, ALL VAT registered businesses with turnover above the £85,000 VAT registration threshold will have to submit their VAT returns from within software that can link with...

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A possible, unwelcome increase in service charges
December 11, 2018

From 1 November 2018, owners of properties on estates or sites that are obliged to pay service charges to a management company - for example, for the maintenance of common areas, gardens, or the employment of a site warden or caretaker - may be...

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What is an OpRA?
December 6, 2018

OpRA is the acronym for an optional remuneration arrangement. Before April 2018, these were termed “salary sacrifice” arrangements. Essentially, both are benefits in kind (BiK) offered to employees in place of salary...

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Would you set off for uncharted territory without a plan?
December 4, 2018

Truthfully, no one knows what trading conditions will be like once we exit the EU. Will supply chains seize up or will it be business as usual?

If there is a possibility, however remote, that the commercial landscape will change,...

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Tax Diary December 2018/January 2019
December 3, 2018

1 December 2018 - Due date for Corporation Tax due for the year ended 29 February 2018.

19 December 2018 - PAYE and NIC deductions due for month ended 5 December 2018. (If you pay your tax electronically the due date is 22 December...

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Are you eligible to claim the Marriage Allowance?
December 3, 2018

Marriage Allowance lets you transfer £1,190 of your Personal Allowance to your husband, wife or civil partner - if they earn more than you.

This reduces their tax by up to £238 in the tax year. To benefit from this...

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What is AEO?
December 3, 2018

Businesses that presently trade with the EU block may like to consider applying for Authorised Economic Operator (AEO) status. The following notes explain why this may be helpful.

AEO status is an internationally recognised quality mark...

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