VAT after Brexit

What could happen to VAT after the UK has left the European Union? On 23 June 2016, the British public voted in one of the most important referendums of modern times. The public’s decision to leave the EU will have an impact on almost every aspect of economic life....

Year-End Tax Guide 2015/16

With 5 April fast approaching we consider some of the ways you might act now to reduce your current year’s tax liability. Contact us now to discuss your specific situation and the planning opportunities you could consider before the end of the tax year. This year end...

An introduction to VAT

This article looks at VAT for beginners including rates and schemes If you’re expecting your turnover to exceed £82,000 this year, then you’re probably having mixed feelings. On the one hand reaching this figure, the VAT registration threshold, is a sign of success....

VAT accounting schemes

This guide looks at how the 3 main accounting schemes work and how they can help businesses. Special VAT accounting schemes for small businesses have been available for a number of years, but they are still underused. The 3 main schemes are: cash accounting, annual...

Charity taxation

If you are involved with running a charity, you should be aware of the special accounting and tax provisions that relate to charities. A charity must usually be registered with the Charity Commission (or Scottish Charity Regulator in Scotland). To register, a charity...