The New Flat Rate Scheme

New HMRC guidance regarding the flat rate scheme On 4 May 2016 HM Revenue & Customs (HMRC) issued an updated edition of VAT Notice 733 regarding the flat rate scheme for small businesses: More

Property Letting Businesses and Inheritance Tax

A great number of landlords mistakenly assume that because their property letting business is of a particular size, or is in a company, that their income generating assets will not be subject to Inheritance Tax. More

Schools and colleges could be paying too much VAT

Many schools and colleges offer courses that enable pupils and students to develop both theoretical knowledge and practical skills in the subjects taught. More

Are you paying too much VAT?

You may be paying too much VAT if you are using the flat rate scheme and based your choice of business sector on the guidance issued by HM Revenue & Customs (HMRC). More

Persons with Significant Control – Time to Act

“Greater transparency” shouts the media, as a response to the Panama Papers, but for UK companies and LLPs, that is already the way as a result of changes put in place long before news of. More