When you can claim back VAT on purchase of a car
There are complex VAT rules that determine the amount of VAT that can be recovered when purchasing a new car.…
Practical guidance from Makesworth’s chartered accountants to help you make informed financial decisions.
There are complex VAT rules that determine the amount of VAT that can be recovered when purchasing a new car.…
The High Income Child Benefit charge (HICBC) applies to a parent whose income exceeds £50,000 in a tax year and…
Insurance transactions are generally VAT exempt. However, there are many issues that can arise concerning the VAT liability of certain…
Class 1A NICs are paid by employers in respect of most benefits in kind provided to employees, for example, the…
To calculate adjusted net income, you will need to look at a taxpayer’s total taxable income, before personal allowances, and…
Working parents can receive a tax-free top up from the Government to help with their childcare costs. The top up…
A non-resident landlord is a landlord who lets out property in the UK but spends more than six months in…
Topic:- Property income receipts what should be included? When calculating the profit or loss for a property rental business, it…
HMRC’s property rental toolkit highlights errors commonly found in tax returns in relation to property income. The toolkit can be…
The government has published its response to its January 2019 consultation on “pregnancy and maternity discrimination: extending redundancy protection for…
Making use of statutory exemptions for certain benefits-in-kind offers an opportunity to extract funds from a family company without triggering…
A new consultation launched jointly by the Department for Work and Pensions and the Department of Health and Social Care,…
Book a free initial consultation with Makesworth’s chartered accountants.
Book a consultation 020 7993 8850