Blog

Useful ‘Active Practice’ Articles

Every month we publish two 'Active Practice' Articles on topical issues that we believe our clients may find interesting, they can be accessed from the free resources Tab on our website, alternatively you can access PDFs of them here Active Practice Updates These Updates cover all aspects of tax and other areas useful to small…
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We’re Recruiting

A vacancy has arisen in our Bureau department, so we are looking for a Part Time or Full Time Bookkeeper to provide bookkeeping and payroll services for our clients. The ideal person will have bookkeeping experience, be IT Literate and have knowledge of or be keen to learn our preferred Xero Cloud based software. If…
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VAT Reverse Charge for Construction industry Delayed until 1st October 2020

We have published a number of blogs recently about the VAT reverse charges in the construction industry. Industry representatives have raised concerns that some businesses in the construction sector are not ready to implement the VAT domestic reverse charge for building and construction on 1 October 2019. To help these businesses and give them more…
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What constitutes profit for tax purposes?

There is no simple answer to this question. We have listed below some of the matters that need to be are considered. As self-employed business owners’ profits are subject to income tax and National Insurance - and limited companies to corporation tax - we have divided our comments accordingly. Before making this distinction it is…
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Tax Diary December 2019/January 2020

1 December 2019 - Due date for Corporation Tax payable for the year ended 28 February 2019. 19 December 2019 - PAYE and NIC deductions due for month ended 5 December 2019. (If you pay your tax electronically the due date is 22 December 2019) 19 December 2019 - Filing deadline for the CIS300 monthly…
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Obtain proof of employment history

If you need evidence of employment for a claim, the following notes published by HMRC may help. You can ask HMRC for a record of your employment history, for example if you are making a compensation claim for: an industrial injury (for example asbestosis or industrial deafness) a road traffic accident medical negligence hardship (for…
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Christmas gifts

You don’t have to pay tax on a benefit (gift) to your employee if all of the following apply: it cost you £50 or less to provide it isn’t cash or a cash voucher it isn’t a reward for their work or performance it isn’t in the terms of their contract Gifts that fall into…
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