IR35 in the private sector

IR35 in the private sector Key considerations for contractors before April 2020. Large and medium-sized organisations have just six months left to prepare for changes to off-payroll working rules, which are due to extend to the private sector next spring. From 6 April 2020, firms that engage private-sector contractors will be responsible for deciding if […]

Property as an investment for landlords

Property as an investment for landlords With low interest rates, property remains attractive. As the global financial crisis began to bite in 2008, central banks in several nations took action, attempting to shock the world economy back to life by slashing base interest rates. The idea behind this kind of stimulus is to make saving […]

Insider: October 2019

Most VAT-registered businesses are signed up for Making Tax Digital Almost three quarters (74%) of VAT-registered firms signed up for Making Tax Digital (MTD) before the second stagger deadline last month. HMRC’s figures showed that over 230,000 mandated businesses joined the scheme before the 7 September 2019 deadline. Most (94%) signed-up businesses submitted VAT returns […]

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 […]

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 […]

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.