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Home
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2019
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February

Month: February 2019

What is the government doing to prepare us for Brexit?
General

What is the government doing to prepare us for Brexit?

  According to a recent announcement on the GOV.UK website, preparations include: Recruitment of 700 new staff to work on EU Exit policy using additional funding allocated by HM Treasury for Brexit preparedness. Passing of new legislation to lay the groundwork for our future outside…

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February 13, 2019 by Ellie Roach
Are you ready for the VAT filing changes?
VAT & Duties

Are you ready for the VAT filing changes?

  A reminder that from 1 April 2019, VAT registered traders with turnover in excess of the current VAT registration limit, £85,000, will need to file returns after 1 April 2019 linked to HMRC’s Making Tax Digital (MTD) systems. Accounts software providers have been working…

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February 13, 2019 by Ellie Roach
What can you give away before the end of the tax year?
Income Tax

What can you give away before the end of the tax year?

You can give away £3,000 worth of gifts each tax year (6 April to 5 April) without them being added to the value of your estate. This is known as your ‘annual exemption’. You can carry any unused annual exemption forward to the next year…

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February 13, 2019 by Ellie Roach
What are your tax planning options for 2018-19?
Income Tax

What are your tax planning options for 2018-19?

  Options for adopting 99% of tax planning opportunities for 2018-19 ends on 5 April 2019, just a couple of months away. This applies equally to individuals and all businesses with an accounting year end close to, but prior to 5 April 2019. More importantly,…

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February 13, 2019 by Ellie Roach
Recent Posts
  • Tax Diary Dates December 21/January 22
  • Christmas Party & Gifts For Staff
  • Self Assessment Tax Deadline Approaching
  • Changes in VAT rates for hospitality traders
  • Autumn Budget Summary
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    Directors: J O Campbell FCA CTA CA(SA) AIIT G S French BSc (Hons) FCA J P Garbutt BA (Hons) FCA Statutory Auditors. Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.

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