Posted in Income Tax
This week we pass the filing deadline (31 January 2019) for the 2017-18 Self Assessment tax returns. A surprising number of taxpayers are still content to deal with this annual chore at the last minute. This article sets out a few compelling reasons
Continue readingPosted in General
The Brexit uncertainties continue. To help businesses consider their options HMRC has published more information for UK businesses that buy or sell goods from or to the EU. We have copied in below three specific actions that need to be considered and
Continue readingPosted in Value Added Tax
Charities pay VAT on all standard-rated goods and services they buy from VAT-registered businesses. They pay VAT at a reduced rate (5%) or the ‘zero rate’ on some goods and services.
Charities pays 5% VAT on fuel and power if they’re
Posted in Income Tax
According to HMRC, individuals pay Scottish Income Tax if they live in Scotland. Care should be taken when considering the phrase “live in Scotland”. In particular, you may also pay Scottish Income Tax if you:
– move to or from Scotland,- live in a