Updated Insider to reflect reverse charge VAT delay
Treasury to review tapered annual allowance as dispute rumbles on The Treasury has announced it will review the tapered annual allowance for pensions, following calls to abolish it. The amount of pension contributions that can be made tax-free in 2019/20 stands at £40,000 in most cases, but this is restricted for higher earners by the […]
Insider: September 2019
Treasury to review tapered annual allowance as dispute rumbles on The Treasury has announced it will review the tapered annual allowance for pensions, following calls to abolish it. The amount of pension contributions that can be made tax-free in 2019/20 stands at £40,000 in most cases, but this is restricted for higher earners by the […]
The numerous quirks and foibles of VAT
Insight into VAT’s barnacles of complexity. Are Jaffa Cakes biscuits or, as the name implies, cakes? This question is one of the most famous examples of the kind of debate that happens frequently in the world of VAT because precise definitions can make the difference between sink or swim for businesses that sell the products […]
Residence and domicile
How your status affects how much UK tax you pay. For most people living in the UK, the question of what income and gains should be included on their tax return is an easily answered question because they are both UK-domiciled and UK tax resident. Anyone domiciled and resident in the UK needs to report […]
Saving for your retirement
SAVING FOR YOUR RETIREMENT Some taxpayers may not receive a bill for payments on account this month, and face paying a higher bill in January 2020. All of us dream of the day we can retire, saying goodbye to the alarm clock and commute, illing our days with sun-soaked beach holidays, leisurely rounds of golf, […]
The construction industry scheme
CONSTRUCTION INDUSTRY SCHEME Few sectors have such an impact in the UK as the construction industry. It not only provides the fabric of our nation – the places where we live and work – but also underpins our entire economy. And upcoming changes for reverse charge VAT. Few sectors have such an impact in the […]
OXON Insider: Newsletter AUG 2019
DEMAND FOR DIGITAL SKILLS AMONG BUSINESSES TIPPED TO ‘SKYROCKET’ Businesses could be set to face an increasing talent gap in the coming years as demand for digital skills continues to rise. The Confederation of British Industry (CBI) said 67% of UK irms currently have unilled digital vacancies. Its Delivering Skills for the New Economy report […]
The Tapered Annual Pension Allowance
The tapered annual pension allowance for high net-worth individuals was in the headlines again recently.
Identifying Inefficiencies In A Business
Accountants, as a breed, are fans of eiciency. We tend to appreciate optimised systems and abhor waste, whether it’s time, effort or resources being frittered away.
OXON Insider: Newsletter JULY 2019
Some taxpayers may not receive a bill for payments on account this month, and face paying a higher bill in January 2020.
