Christmas Office Closure 2018

Just to make people aware our office will close for the Christmas and New Year break at 3pm on Friday 21 December 2018. We will reopen at 9am on Wednesday 2 January 2019. If you have a company with a 31 March year end then please be aware that: – Corporation Tax...

Crackdown on reckless directors

Tougher penalties for directors who dodge debts. Following Royal Assent of Finance Bill 2019/20, the government has announced that directors and other persons involved in tax avoidance, evasion or phoenixism (a minority of directors who deliberately dodge debts by...

New VAT MOSS exemption from 1 January 2019

MOSS – Mini One Stop Shop – is an EU vat scheme for businesses selling Digital Services to EU resident consumers.  Digital services include: Music or videos E books Software or games Advertising Currently there is no threshold, so VAT is due on such sales...

VAT on vouchers

Are you aware of how the law on VAT and vouchers is changing? From 1 January 2019, the UK law on VAT and vouchers is changing due to the deadline enforced by the EU’s Vouchers Directive. The change will affect businesses such as retailers and distributors who issue...

How to win MTD exemption

Making Tax Digital exemption need greater than for online VAT filing. With the timetable for Making Tax Digital (MTD) confirmed, most smaller businesses must implement full digital record-keeping from April 2019, and those that haven’t begun preparations should...

VAT MOSS under a no-deal Brexit

How the VAT Mini One Stop Shop scheme will work in a no-deal Brexit scenario. The guidance issued by the government to businesses and consumers on how to prepare if the UK leaves the EU with no deal covers a number of areas, including VAT Mini One Stop Shop (MOSS)....

VAT: treatment of vouchers

Rules for the tax treatment of vouchers will be simplified from January. The government will implement an EU Directive on the VAT treatment of vouchers in time for the required date of 1 January 2019. This will simplify the rules for the tax treatment of vouchers,...