Making Tax Digital for Business: VAT

Making Tax Digital for Business: VAT HMRC is phasing in its landmark Making Tax Digital (MTD) regime, which will ultimately require taxpayers to move to a fully digital tax system. In 2017, HMRC announced the postponement of MTD for income tax until ‘2020 at the earliest’. MTD for VAT will be implemented in April [...]

By | 2018-11-08T12:37:31+00:00 November 8th, 2018|latest-news|0 Comments

INHERITANCE TAX RELIEF

For deaths on or after 6 April 2017 there is now an additional £100,000 inheritance tax (IHT) allowance where the family home is passed on to direct descendants. This was originally announced on 8 July 2015 and that date is relevant where the deceased has downsized to a lower value property. This additional relief increases [...]

By | 2017-05-08T21:01:12+00:00 May 8th, 2017|latest-news|Comments Off on INHERITANCE TAX RELIEF

SELF-EMPLOYED OR STARTING A MICRO BUSINESS?

SELF-EMPLOYED OR STARTING A MICRO BUSINESS? Did you know that almost one in seven people in the UK are self-employed? You might also classify self-employment as "freelance work". UK research suggests that 30% of those who work in the media call themselves "freelance". Research by Skills Development Scotland noted that the creative sector is [...]

By | 2017-04-25T07:07:04+00:00 August 10th, 2016|latest-news|Comments Off on SELF-EMPLOYED OR STARTING A MICRO BUSINESS?

Tax News

Welcome to our monthly newswire. We hope you enjoy reading this newsletter and find it useful. BREXIT – WHAT ARE THE TAX IMPLICATIONS? One of the main reasons that individuals voted "leave" was to restore fiscal sovereignty to the UK so that we are able to set our own laws, in particular [...]

By | 2017-04-25T06:06:29+00:00 July 31st, 2016|latest-news|Comments Off on Tax News

Intermediary Reporting

Employment Intermediary Reporting From 6th April 2015 you will be required to return details of all workers placed with clients where you don’t operate Pay As You Earn (PAYE) on the workers’ payments. The return is a report (or reports) that must be sent to HM Revenue and Customs (HMRC) once every 3 months. [...]

By | 2017-04-25T06:59:01+00:00 July 31st, 2015|latest-news|Comments Off on Intermediary Reporting

Summer Budget 2015

Dear Client, Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues. In this issue we focus on tax changes announced in the Summer  2015 Budget which outlined the tax plans of the new Conservative government to be introduced over the next 5 years. We hope you enjoy reading [...]

By | 2017-04-25T06:18:54+00:00 July 10th, 2015|latest-news|Comments Off on Summer Budget 2015

Tax News

Dear Client, Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues. We hope you enjoy reading the newsletter; remember, we are here to help you so please contact us if you need further information on any of the topics covered. Best wishes V Valand [...]

By | 2017-04-25T06:26:38+00:00 June 10th, 2014|latest-news|Comments Off on Tax News

May Tax News

Dear Client, Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues. We hope you enjoy reading the newsletter; remember, we are here to help you so please contact us if you need further information on any of the topics covered. Best wishes Vinod Valand Avin Accountants [...]

By | 2017-04-25T07:08:51+00:00 May 1st, 2014|latest-news|Comments Off on May Tax News