Posted in Value Added Tax
In a letter being sent to businesses across the country, HMRC has published the following information on the effect a no-deal Brexit would have on changes to VAT IT systems.
We have reproduced below a summary from the letter of the main
Posted in Employee Benefits
The list of company benefits that can be provided tax-free to employees is quite short. However, some of the benefits that can be provided include the following:
Meals: Free or subsidised meals in a staff canteen where meals are provided for all
Continue readingPosted in General
As the Brexit date fast approaches, it seems the only thing we can say with any certainty is that uncertainty continues to plague the issue of our leaving the EU. The negotiations on the terms of the UK’s exit from the EU are unresolved and there are
Continue readingPosted in HMRC Notices
If you are self-employed as a sole trader or as a partner in a business partnership, then you must keep suitable business records as well as separate personal records of your income.
For tax purposes, the business records must be held for at least 5
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