VAT-free shopping
There is a special VAT refund scheme called the VAT Retail Export Scheme or Tax-Free Shopping that allows individuals not…
Practical guidance from Makesworth’s chartered accountants to help you make informed financial decisions.
There is a special VAT refund scheme called the VAT Retail Export Scheme or Tax-Free Shopping that allows individuals not…
The P9 Notice of Coding form is used to notify employers of the tax codes to use for employees. HMRC…
In most cases, property rental income must be brought into account in the year in which the income was earned,…
The VAT system is policed by HMRC and there are penalties for breaches of the legislation. There are four conditions…
Goodwill is a subject we hear about often but interestingly is rarely mentioned in legislation. In fact, the term 'goodwill'…
Advisory fuel rates are intended to reflect actual average fuel costs and are updated quarterly. The rates can be used…
Following Brexit, the government has published an updated toolkit for employers on how to support their employees who are EU…
As part of a review into changes to the operation of the off-payroll working rules (IR35), HMRC has announced that…
After a tumultuous few days in politics, it has been confirmed by the new Chancellor of the Exchequer, Rishi Sunak…
The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home. The current…
If you have a student loan, have finished your studies and entered the workforce you must begin to make loan…
This article is a reminder to payroll staff about the electronic PAYE payment dates. The due date for electronic PAYE…
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