Accounting services in Abingdon, Oxford and across all UK

Are mega sized marshmallows zero-rated?

In the UK most basic food stuffs are zero rated. However, the definition of 'basic' is not straightforward and many ...
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/ Value Added Tax

Business VAT responsibilities

The taxable turnover threshold that determines whether businesses should be registered for VAT is currently £85,000. Businesses with turnover below ...
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/ Value Added Tax

Restarting a dormant company

HMRC must be informed when a non-trading or dormant company restarts trading and becomes active for Corporation Tax purposes. Companies ...
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Company filing obligations

It is important that anyone responsible for the accounts and tax filing regime for private limited companies is aware of ...
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/ Corporation Tax

Inheritance and tax

As a general rule, an individual who inherits property, money or shares is not liable to pay tax on the ...
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/ Inheritance Tax

Labour win landslide election result

As had been widely predicted, the results at the polls have seen the Labour Party back in power after 14 ...
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/ General

Exit plans

Exit can be seen as quitting, especially if the exit discussed is your business interests. But actually, business exit planning ...
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/ Business Support

New government

Our new government, and in particular, Rachel Reeves, the new Chancellor, will be responsible for raising the funds that our ...
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/ General

Statutory redundancy pay

If you have been in the same job for two years or more and are made redundant you will usually ...
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/ Payroll

Claim full expensing or 50% FYA

Full expensing allows for a 100% first-year capital allowance for qualifying plant and machinery assets and came into effect last ...
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/ Corporation Tax

Late night taxi for an employee

There is no specific requirement for employers to provide employees with transport home. Nevertheless, an employer has a duty of ...
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/ Employee Benefits

Income Tax in Scotland

The Scottish rate of income tax (SRIT) is payable on the non-savings and non-dividend income of those defined as Scottish ...
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/ Income Tax
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