HMRC have recently published formal guidance on what MTD for VAT means. It will be mandatory for businesses trading over the VAT registration threshold to keep VAT records using ‘functional compatible software’.
This Guide will help you navigate the rules and ensure you can put defensive measures in place to protect yourself from the increasing likelihood of a fiscal audit or enquiry.
Our VAT support service is a collaborative approach to supporting you with your day to day VAT queries, whilst allowing us to develop a strong working relationship with you. This support service often results in us identifying potential issues before they hit and enables us to put remedial measures in place to avoid high VAT charges or penalties.
Our highly experienced team of tax advisory specialists work with our clients on a daily basis to provide the right tax solutions tailored to suit their needs. We have set out our key service offerings, covering all areas of international and corporate tax, VAT, private client and trust tax and financial planning.
Research and development tax relief is an incentive from the government to encourage companies to invest in research and development activities. There is a common misconception that these incentives are aimed only at the technology sector, however, that is certainly not the case. This document outlines how research and development tax relief is more widely available than most companies realise.
Two new offences in relation to tax evasion have come into operation as a result of the Criminal Finances Act (CFA) 2017. They cover the corporate facilitation of tax evasion within the UK, and a similar sanction for overseas offences.
Do you know how an employee share scheme can benefit your
business? Download our latest factsheet for information on the most common forms of tax favoured schemes and to better understand which one is right for your business.
Download our Liechtenstein Disclosure Facility (LDF) factsheet for information on the disclosure facility and in order to understand whether or not this is the best course of disclosure for you.
This document sets out to summarise the split year treatment under the Statutory Residence Test (SRT). It is a summary of key points intended to provide general guidance and should be read in conjunction with our ‘Statutory Residence Test’ summary sheet.
For anyone who owns their own business or deals with accounting and invoicing matters on a daily basis, you will know that VAT is notoriously complicated and time consuming. As a self-assessed tax, you will also know that it is your responsibility to get it right first time. And it is an essential part of […]