Blog

30
May

Finance Bill shrinks in the parliamentary wash-up as PM announces snap election

Finance Bill shrinks in the parliamentary wash-up as PM announces snap election

The announcement of a snap general election to take place on 8 June 2017 had an immediate impact on some of the most eye-catching announcements from the Spring Budget, with the parliamentary wash-up seeing key clauses dropped from the Finance Bill.

Read More »

30
May

New civil penalty notices are now in effect for residential landlords

New civil penalty notices are now in effect for residential landlords

A range of provisions which allow civil penalties to be levied against residential landlords who commit offences under the Housing Act 2004 came into effect last month.

Read More »

30
May

A furnished holiday letting won’t just give your customers much needed relief

A furnished holiday letting won’t just give your customers much needed relief

Landlords should be aware of the different rules which apply to furnished holiday lets and private rented properties, as the tax implications can be enormous.

Read More »

30
May

P11D dispensations have been dispensed with

P11D dispensations have been dispensed with

Last year saw an important change to the way tax-deductible business expenses, which are paid to employees, are dealt with.

Read More »

30
May

Online VAT fraud and error costing UK dear

Online VAT fraud and error costing UK dear

A report published by the National Audit Office (NAO) estimates that online VAT fraud and error cost the UK somewhere between £1bn and £1.5bn in lost tax revenue during the 2015/16 financial year.

Read More »

30
May

HMRC issuing hefty fines to eBay and Amazon traders who fail to pay tax

HMRC issuing hefty fines to eBay and Amazon traders who fail to pay tax

Small-scale internet traders, including individuals and businesses who sell goods on websites such as eBay and Amazon, are being hit with ‘tougher penalties’ than larger businesses if they do not declare their income and pay the appropriate tax on their sales, according to a new study.

Read More »

30
May

HMRC goes “nuclear” in pursuit of unpaid taxes

HMRC goes “nuclear” in pursuit of unpaid taxes

HM Revenue & Customs (HMRC) issued a record number of court orders to seize company assets in 2016, indicating that the tax office is happy to go after all businesses suspected of tax evasion.

Read More »

30
May

Could you benefit from Tax-Free Childcare?

Could you benefit from Tax-Free Childcare?

Last month saw a scheme which has the potential to offer major savings on childcare costs start to be phased in.

Read More »

28
Apr

Give your business’ finances a spring clean

Give your business’ finances a spring clean

With the clocks now having sprung forward and the new tax year upon us, what better time to give your business’ finances a spring clean?

Read More »

28
Apr

Does Annual Tax on Enveloped Dwellings (ATED) apply to you?

Does Annual Tax on Enveloped Dwellings (ATED) apply to you?

While changes affecting private residential landlords have made headlines in recent years, the ATED regime is a significant cost for companies, LLPs and partnerships that own a UK residential property valued at more than £500,000.

Read More »

28
Apr

Businesses are more buoyant, says the Bank of England

Businesses are more buoyant, says the Bank of England

New research from the Bank of England has shown that Britain’s businesses are feeling more confident and are planning to invest more in the months ahead.

Read More »

28
Apr

Record number of employers underpaying workers

Record number of employers underpaying workers

As the National Minimum Wage prepares to go up this month, the Department for Business, Energy and Industrial Strategy has released its latest ‘rogue’s gallery’ of under payers – and it is the biggest list to date.

Read More »

28
Apr

Cash basis accounting for landlords

Cash basis accounting for landlords

HM Revenue & Customs (HMRC) confirmed that it will extend the simplified cash basis of accounting for businesses with a turnover below £150,000.

Read More »

28
Apr

Trivial in name only – do you know the rules on trivial benefits in kind?

Trivial in name only – do you know the rules on trivial benefits in kind?

Although designated as ‘trivial’ by the taxman, trivial benefits in kind can result in tax savings for you and your employees, which can be anything but trivial.

Read More »

28
Apr

Warning over unexpected late payment notices in relation to now-liquidated companies

Warning over unexpected late payment notices in relation to now-liquidated companies

A number of prominent UK collection agencies appear to be closely monitoring liquidations and issuing some businesses and individuals who have purchased goods and services from now-liquidated companies with unexpected payment notices.

Read More »

28
Apr

Small businesses see changes to the VAT Flat Rate Scheme

Small businesses see changes to the VAT Flat Rate Scheme

Small business users of the VAT Flat Rate Scheme who have low costs may see the rate they pay drastically increase under new changes, which came into effect at the beginning of this month.

Read More »

22
Mar

Spring Budget 2017

Spring Budget 2017

Various rumours were swirling around Westminster in the days before Philip Hammond rose to deliver his first Budget – confirmed as the last time a major fiscal statement will be made in the spring.

Read More »

16
Aug

The Restaurant Show: Preview

The Restaurant Show: Preview

Come and see us at the Restaurant show: The show is the definitive platform for the restaurant and foodservice market.

Read More »

5
Jan

Pub 16

Pub 16

If we’ve not told you already, we’re part of the Pub 16 show, the only dedicated show for the UK pub industry.

Read More »

10
Nov

HMRC enquiries

HMRC are under pressure to deliver more revenue to the government in an attempt to balance the books.

Read More »

20
Oct

The Restaurant Show: What does it have to do with pubs?

The Restaurant Show: What does it have to do with pubs?

A lot, if you want to learn the lessons of the growth hospitality sector of the decade: Casual Dining.

Read More »

9
Oct

Private investment in pubs

The government’s Enterprise Initiative Scheme (or EIS), a 30 second summary.

Read More »

31
Jul

Summer Budget Statement 2015

Two months on from the General Election result, the Chancellor of the Exchequer delivers his second Budget of 2015.

Read More »

30
Jul

Miller Magic!

Miller Magic!

The Miller of Mansfield have been voted ‘Readers Restaurant of the Year’ by readers of the Good Food Guide.

Read More »

12
Jun

Retail Rate relief scheme

Detailed in the 2014 Budget, you should claim the £1000 concession on your Business Rates.

Read More »

6
Apr

If you’re an employer, you should read this

Auto Enrolment (AE) into pensions is the one of the most far reaching changes for SMEs that the UK has seen for many years.

Read More »

11
Feb

Pensions Auto Enrolment: All employers must read this…

Auto Enrolment (AE) into pensions is now well underway and will be reaching your business VERY soon.

Read More »