by David Winfield | May 14, 2018 | Accounting News
New rates. HMRC has released details of the flat rate charges (also known as the scale charges) for car fuel. If you’re VAT registered you can use the scale charges to work out the VAT payable where your business pays for fuel for private journeys, e.g. for your...
by David Winfield | Dec 5, 2015 | Accounting News
HMRC has decided to scrap its controversial business records checks. What implications might this have for your business? Just checking! In 2011 HMRC started its business records checks (BRCs) claiming it wanted to help businesses identify shortcomings in their...
by David Winfield | Jun 2, 2015 | Accounting News
Yet another TV celebrity is being criticised for using a tax-saving scheme. What’s involved, is it legitimate and might it be something worth considering? BBC tax dodger. In March 2015 the press revealed that BBC presenter Jeremy Vine was using a tax-avoidance...
by David Winfield | Jun 2, 2015 | Accounting News
Proof of income. Anyone who has a mortgage will know that lenders require proof of income before they approve a loan. If you can’t quickly put your hands on the required documents it can lead to delays. Documents. Directors and employees must usually provide a P60 for...