Cash Basis: Standard Accounting Practice From 2024 Introduction to Cash Basis Accounting Since 1948, Jack Ross Chartered Accountants has provided state-of-the-art accounting services in Greater… Read More »Cash Basis Accounting Made Standard Accounting Practice for the Self-Employed From April 2024
Navigate UK VAT compliance for your e-commerce business with our comprehensive guide.
What You Need to Know: When to Apply for Probate Navigating the probate process can be overwhelming, especially for those unfamiliar with its complexities. This… Read More »Unravelling the Probate Process: What You Need to Know
Basis periods are fundamental in UK tax law, particularly for unincorporated businesses such as sole traders and partnerships. They determine the timeframe for which profits… Read More »Understanding Basis Periods and Their Impact on Income Tax – HMRC Changes from 2023/24
The landscape of R&D claim submission is set to undergo a significant transformation from August 2023, following a series of reforms to the R&D tax relief scheme in April 2023. This guide provides a comprehensive overview of these changes, focusing on the introduction of the compulsory Additional Information Form.
Demystifying HMRC payments on account for the 2023/24 tax year. Uncover the intricacies, understand who they impact, and learn how to prevent overpayment. Enlist the help of Jack Ross Chartered Accountants to navigate your tax responsibilities with confidence.
Inconsistent VAT Treatment Costs Further Education Colleges Billions Each Year Introduction Members of Parliament from across the political spectrum have voiced their concerns over the… Read More »MPs raise concerns over inconsistent VAT treatment of further education
Understanding the HMRC’s Basis Period Reform: Implications for Barristers Introduction HM Revenue and Customs (HMRC) has introduced a significant reform to the taxation of trading… Read More »Basis period reform – does it impact you? Ask your accountant about the tax year basis changes and how profits are taxed
In his Budget speech in March earlier this year, Chancellor Jeremy Hunt kicked off the Government’s plan for growth with changes to business tax legislation,… Read More »Full Expensing: The New Corporation Tax Incentive Explained
Learn how to navigate HMRC’s complex tax rules with our comprehensive guide. Get expert insights on tax laws, regulations, and compliance to avoid penalties and minimise your tax liabilities. Discover the challenges taxpayers face when dealing with HMRC mistakes and how to effectively manage your tax obligations.