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Introduction to IR35 For many years, the government and HMRC were concerned that people were using limited companies in order to unjustly...

Businesses often ask if they can claim input VAT without a VAT invoice.

Any cost relating to entertaining of existing, potential customers and contacts is not treated as a cost for Corporation Tax purposes. ...

New Targets for H M Revenue & Custom published in March 2019 The government has invested around £2 billion of additional funding to H M...

Question A client is compulsorily VAT registered and is using the cash accounting scheme. Their current system is not particularly...

HMRC have finally confirmed when an exemption from Making Tax Digital for VAT (MTDfV) is given automatically and when you when you will...

Julie Green, a VAT expert for CronerTaxwise, who we used for tax consultancy and HMRC Fee Protection Scheme, provides some very honest...

HMRC’s VAT Notice on Making Tax Digital 700/22, sets out the digital record-keeping requirements in section 4.3. The HMRC recordkeeping...

Introduction H M Revenue & Customs (HMRC) says that Making Tax Digital (MTD) is a key part of the government’s plans to make it easier...

Introduction Chancellor Philip Hammond’s 2018 Budget speech on 29 October was noted as the 'trick or treat' Budget with its proximity to...

Overview of the tax rule Many clients ask what they can claim for as tax deductible expenditure i.e. expenses that can be deducted from...

Introduction Making Tax Digital (MTD) is the biggest change in tax administration in two decades i.e. since Self Assessment was...

Introduction The Chancellor, Philip Hammond, has delivered his second Budget of the year, following the spring 2017 Budget. Most of the...

Simple Assessment and letter P302 - a new system for some taxpayers

We welcomed HMRC’s announcement on 13 July 2017 that the mandatory introduction of Making Tax Digital (MTD) will be deferred until 2020....

We look at some practical tips for taxpayers who are subject to an enquiry by HM Revenue & Customs into their tax returns. A tax return...

An overview of the key points from Spring Budget 2017

New rules are to be introduced from 1 April 2017 that will remove the VAT saving that many small businesses currently obtain through the...

H M Revenue & Customs are developing their online systems in readiness for Making Tax Digital. They suggest that instead of telephoning...

If you want to submit a paper copy of your tax return, you must do so by 31 October, following the end of the tax year. For the current...