Pre-letting Expenses
Profits from UK land or property are treated for tax purposes arising from a business. The broad principle is that rental business profits are computed.
Trivial benefits provided by an employer
I am sure you are aware of the strict rules regarding benefits in kind, benefits paid to employees by their employer which become taxable.
Making Tax Digital (MTD)
From April 2018 the tax system will become increasingly digital with initially the self-employed, partnerships and landlords effected.
Common Reporting Standard (CRS Charities)
The Common Reporting Standard (CRS) was approved by the OECD Council in 2014 as a global standard to facilitate the automatic exchange of financial.
Persons of significant control register (PSC)
You may have heard in the Press the introduction of the new Persons of Significant Control Register which all Limited Companies.
Latest Accounting News
To my readers, I hope this finds you well despite the atrocious winter weather we have endured and with various viruses doing the rounds which has certainly hit my office this week.
HMRC Digital Accounts – The New Tax Return!
I am sure you have read a lot and heard much of the new proposed HM Revenue & Customs digital tax system doing away with the paper Tax Return.
Gift Aid Small Donation Scheme
The Gift Aid Small Donation Scheme (GASDS) allows eligible Charities and Community Amateur Sports Clubs (CASC) to claim top up payments on cash donations of £20 or less.
Big Futures Show
The Big Futures Show offers a unique opportunity for students across the region to meet with a wide variety of further education and training providers and prospective employers.
National Living Wage 2016
Last year the Government announced the introduction of the National Living Wage, which will be compulsory and come into effect from 6 April 2016.
Charities SORP
I am sure most Chief Executives and Charities are now aware that there is a new FRSSE SORP 2015 coming into effect for Charities for accounting periods commencing on or after 1st January 2015.