Month: September 2019

HomeSeptember 2019

Getting ready for EU exit 31 October 2019

HMRC has published a check list of issues you will need to deal with prior to 31 October 2019. The check list has been sent to all businesses that already trade with the EU or the rest of the world....

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Workshop – Finance for non-financial managers

Our next workshop will be ‘Finance for non-financial managers’.  It will take place on Thursday 24th October 2019 at Lightwoods House and Park, Bearwood, Birmingham, B67 5DP. The programme and booking form is available here.

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Can you claim back the VAT when you buy a car?

The short answer to this question is a resounding “no”, but as always with tax, there are exceptions. Obviously, if you are in business and not VAT registered, you cannot reclaim the VAT added to any of your purchases. If...

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How much tax do you pay on your dividends?

If you own a small limited company your shares entitle you to draw a return on your shareholding – in common parlance these returns are called dividends. A company can only pay dividends if it has current or accumulated tax-paid...

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Does your employer pay for your private petrol?

A reminder that you can avoid the hefty car fuel benefit charge if you drive a company car and your employer pays for your private fuel. One way to achieve this is to repay your company for the private petrol...

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Unclaimed estates

There is nothing more intriguing that the notion we may be due untold riches from undisclosed sources. For example, do you have any premium bonds, and did you notify the registrar the last time you moved to a new house?...

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Do you have a December year end?

December is probably the second most popular trading year end for businesses; the most popular being the 31 March. Your end of year planning should include a review of your results – prior to your year end – so that...

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Construction industry VAT changes 1 October 2019

Just one month to go until the so-called “Domestic Reverse Charge” will apply to VAT registered traders who are also registered to use the Construction Industry Scheme. There has been an awful lot of commentary in the press claiming that...

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Tax-free annual party

If you are starting to look forward to the forthcoming end-of-year and Christmas celebrations, and we could all do with a bit of festive cheer, you may find the following article useful: it sets out the rules and regulations that...

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Tax Diary September/October 2019

1 September 2019 - Due date for Corporation Tax due for the year ended 30 November 2018. 19 September 2019 - PAYE and NIC deductions due for month ended 5 September 2019. (If you pay your tax electronically the due...

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