By Tom Maxwell In Advice, BlogPosted 24/01/2018 Understanding cryptocurrency and Bitcoin Over the past few years there has been an increase in the popularity of virtual and cryptocurrencies. The most popular of these is Bitcoin. Bitcoin has been receiving more mainstream recognition [...] 0 Read More
By Tom Maxwell In Blog, Business BitesizePosted 23/01/2018 Business Bitesize – January 2018 To download Business Bitesize ‘Growth Mindset’ click here Who in their right mind would let the wrong mindset derail their business? click here to find out more. We hope you enjoy Business [...] 0 Read More
By Tom Maxwell In BlogPosted 10/01/2018 January 2018 Tax Tips & News Welcome to January’s Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. If you need any further assistance just let us [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 10/01/2018 New Budget timetable and Spring Statement date confirmed HM Treasury has confirmed that the Spring Statement will take place on Tuesday 13 March 2018. At Autumn Statement 2016, the Chancellor announced that in future there will be a single fiscal event [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 10/01/2018 Fulfilment House Due Diligence Scheme The new Fulfilment House Due Diligence Scheme will open for online applications on 1 April 2018. From that date, businesses in the UK that store any goods imported from outside the European Union [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 10/01/2018 Consider a partnership Whilst forming a partnership can be an extremely flexible way for two or more people to own and run a business together, it is important to appreciate that under this type of trading vehicle, [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 10/01/2018 New tax bands announced in Scottish Budget In the Scottish Budget, which took place on 14 December 2017, Scotland’s Financial Secretary, Derek Mackay, announced that two thirds of income taxpayers will pay less next year on their [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 10/01/2018 January questions and answers Q. I have recently bought a residential property to rent out. To enable me to purchase this property I took out a mortgage on my own home, but I did use all the money to buy the rental property. [...] 0 Read More
By Tom Maxwell In Tax TipsPosted 10/01/2018 January key tax dates 1 – Due date for payment of Corporation Tax for the year ended 31 March 2017 14 – Return and payment of CT61 tax due for quarter to 31 December 2017 19/22 – PAYE/NIC, student [...] 0 Read More
By Tom Maxwell In Advice, BlogPosted 05/01/2018 HMRC move the goal posts following Spurs’ Tribunal victory with regard to termination payments One might wonder why the taxation of termination payments has long been fraught with difficulty for both employers and taxation practitioners alike. After all, the first £30,000 is exempt from [...] 0 Read More