Claiming back VAT on a vehicle purchase

Sep 05, 2016

Generally speaking, the purchase of any vehicle where there is any element of private use means any reclaim of VAT may be restricted. HMRC’s website offers the following guidance:

·        …

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Government to replace EU funding

Sep 05, 2016

Thousands of British organisations will receive guarantees over EU funding in a new move by Chancellor Philip Hammond last month.

Key projects supporting economic development across the UK…

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High Income Child Benefit Charge

Sep 05, 2016

A reminder, that if either parent’s income exceeds £50,000 this will affect eligibility for Child Benefits.

A tax charge, known as the ‘High Income Child Benefit Charge’ (HICBC), is payable…

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New successes for HMRC in the courts

Sep 05, 2016

HMRC seem to be making progress in their attempts to discourage, and recover unpaid tax, from participators in tax avoidance schemes.

In a recent high profile case, HMRC have recovered more…

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Tax Diary September/October 2016

Sep 05, 2016

1 September 2016 - Due date for Corporation Tax due for the year ended 30 November 2015.

 

19 September 2016 - PAYE and NIC deductions due for month ended 5 September 2016. (If you…

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