
VAT Input Tax
VAT – Input tax that cannot be reclaimed A VAT-registered business can reclaim the VAT that it incurs on business expenses. Most businesses expect to
Local Chartered Accountants and Business Advisors based in Steeple Claydon (near Buckingham)
VAT – Input tax that cannot be reclaimed A VAT-registered business can reclaim the VAT that it incurs on business expenses. Most businesses expect to
The tax gap for the 2020 to 2021 tax year is 5.1%. Statistics published on the 23 June 2022 by HM Revenue and Customs (HMRC)
First Plastic Packaging Tax returns due this month Businesses that are now liable for the Plastic Packaging Tax (PPT) will need to file their first
Paper £20 and £50 banknotes to be withdrawn from circulation. The Bank of England (BoE) has reminded the public that it will be withdrawing the
The deadline for reporting any P11D Expenses and Benefits in Kind is 6 July 2022. These should be filed electronically to HMRC using either commercial
Employees who have been claiming home working tax relief during the pandemic should review their tax codes to check whether HMRC has included the relief