Help to Grow – Digital Scheme (HGDS)

What does the Scheme aim to do? This Government backed scheme enables eligible businesses, across the whole of the UK, to obtain a discount of up to 50%

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Three alternatives to a pay rise

As inflation rises and the cost of living crisis bites, accountancy firms could consider alternatives to pay rises with share schemes as one option There are three options

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The “Coca-Cola” Van Case

The result of the case The Court of Appeal found in favour of HM Revenue & Customs (HMRC) that certain types of modified crew cab vehicles should not

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The Plastic Packaging Tax (PPT)

What is the aim of the PPT? PPT is an environmental tax designed to provide a financial incentive for businesses to use recycled plastic in the manufacture of

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The New HMRC late payment penalty regime

1. LPP What is the aim? To bring the LPP regime in line for both VAT and income tax. When will the new penalty regime start? For VAT

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The Muddied Termination Waters

When employers make an employee redundant and a ‘redundancy payment’ is made, it is easy to make the wrong decisions on the tax and national insurance (NI) position

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Do you control more than one business?

Do you control more than one business?Are they VAT registered or about to become VAT registered?Do they not only trade with unconnected businesses but also between themselves?Is there

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Cost of Living Support

The Energy Profits Levy A windfall tax will be charged on the profits of oil and gas companies at a rate of 25%.The levy will raise around £5

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Service Charges Tips/Gratuities

What is a service charge? It is added to the customer’s bill before being presented to them.It could be either discretionary or mandatory.For it to be discretionary it

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Trust Registration Service (TRS)
Deadlines

What is the TRS? It is an online register of the beneficial ownership of trusts operated by HMRC.It was set up as a result of anti-money laundering legislation

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