The Budget 2018 had a few surprises up it's sleeve but alot of the measures seemed to be on hold until post Brexit and the subsequent spending review.  Public spending is now in control and in the words of the Chancellor Philip Hammond "The era of austerity is finally...

As a Christian accountant I get a number of calls regarding Tax for Missionaries, and what their status is.  Anyone leaving the UK permanently becomes non resident from that point and they have no obligations to submit a tax return from that point unless they still...

mpanies employing staff may find trivial benefits for employees a useful way of giving them a gift but without worrying about it affecting their tax while remaining allowable for tax by the employer. The rules allow payments of upto £50 to an employee as long as it is...

The Spring Budget 2017 delivered the expected attacks on the self employed and company business owners who give the economy so much of it's competitiveness and flexibilty which were reflected in the positive forecasts presented by the Chancellor Philip Hammond.  After...

Leaving the VAT Flat Rate Scheme is now likely for 100k businesses in the UK with the introduction of new rules for Limited Cost Businesses.  The scheme was introduced to simplify reporting for smaller businesses but as a result of alleged abuse the door is now being...

We are finally getting some more information on the HMRC response to Making Tax Digital proposal.  This aims to enforce quarterly reporting on businesses and landlords, but still with the annual tax return due by 31 January. A pilot scheme is starting in April 2017...

The Autumn statement 2016 was to be Philip Hammond's first and last as it is being abolished.  In future there will be just a Budget in the autumn, leaving plenty of time for implementation and a Spring statement which will be a Government response to the 6 monthly...