HMRC’s Screeching U-turn on Double-Cab Vans Only a week after HMRC released new guidance that classed double-cab pickups as cars rather than vans, the government has now performed a screeching U-turn and has reversed this decision. HMRC had recently revised its interpretation of how double-cab vans would be treated for income tax purposes (12th February […]
Author Archives: Veska Zhelezova
14
Feb
Feb
The Tax Implications of Benefits In Kind When managing a business, it’s crucial to understand that providing benefits, perks or covering expenses for employees comes with tax implications. Completing a P11D The P11D form is an annual document submitted to HMRC by employers. It lists expenses or benefits provided to employees during the year. If […]
07
Feb
Feb
It’s Never Too Early to Think About Your Tax Return Tax can be pretty intimidating. Even the toughest among us can feel the pressure when tax season rolls around. And let’s face it, sometimes we leave things until the very last minute, hoping for the best. We had many clients last month who really […]
Compliance, Moorgate update, MTD, PAYE, Payroll, Self Assessment, Tax advice, VAT Compliance
Autumn Statement – November 2023
23
Nov
Nov
Autumn Statement 2023 On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’. Against an improving economic backdrop, the Chancellor is keen to stimulate economic growth and highlighted 110 measures for businesses. In addition, there were significant statements relating to National Insurance changes and also the reform of work-related state benefits. Income […]
22
Nov
Nov
Economic Crime and Corporate Transparency Act The Economic Crime and Corporate Transparency Act received royal assent on 26 October 2023. The act gives Companies House the power to play a more significant role in tackling economic crime and supporting economic growth. Over time, the measures will lead to improved corporate transparency and more accurate and […]
13
Nov
Nov
Small Company P&L Filing On The Horizon Some changes are on the horizon for small companies and they might not be everyone’s cup of tea. Thanks to the Economic Crime and Corporate Transparency Act passed last week (30 October 2023) small companies will now have to deal with the extra task of filing a profit […]
20
Oct
Oct
Super-tax expert Our super-tax expert James Brinded received a very interesting thank you this week. It was from a client for whom he battled with HMRC, in order to save her tens of thousands of pounds. Because that’s what heroes do. His marvel-lous ability to harness the power of numbers meant he was able to […]
12
Sep
Sep
We are delighted to welcome our newest team member, Josh Kirk. Josh joins us fresh from A-Level success at Darrick Wood School. Congratulations Josh! We hope you enjoy your accountancy training with us.
Compliance, Moorgate update, Self Assessment, Tax advice
Be An Early Bird: The Benefits of Filing Your Tax Return Early with Moorgate
08
Aug
Aug
It’s always worth considering filing your UK tax return early, with an accountant by your side.