OUR LATEST INSIGHTS

Blog23rd Mar 2020

Deferment of Tax Liabilities – Immediate relief for those affected by COVID-19

*Updated 18 Feb 2021* HMRC have recently provided further information on how businesses can join the VAT deferral new payment scheme. Businesses which still have outstanding deferred VAT payments can either pay the deferred VAT in full, on or before…

By Stuart Petrie

Blog16th Dec 2019

VAT Grouping – The acceptable face of VAT planning

A question that we are frequently asked by our clients is “Should I create a VAT group?” With changes in the eligibility rules extending membership of a VAT group to individuals and partnerships, this is a question that is likely…

Blog10th May 2019

EIS & SEIS – The benefits still stack up!

The Seed Enterprise Investment Scheme (“SEIS”) and Enterprise Investment Scheme (“EIS”) offer attractive investment opportunities for individual investors which in turn allow young entrepreneurial UK companies to raise funding to facilitate growth and expansion plans. Through SEIS and EIS investment…

By Lynn Wilson

Blog30th Oct 2018

What is the impact of Philip Hammond’s Budget?

Philip Hammond’s budget presents a mixed bag for business….

Blog4th Jun 2018

EU VAT Refund Claims – Action needed

Businesses operating or incurring costs within other EU member states will pay VAT on at least some of their costs. VAT rates across the EU range from 15% to 27% so even relatively small costs can result in a significant…

By Debbie Smith

Blog26th Jan 2018

Making Tax Digital for VAT

As if Brexit was not a significant enough event for British businesses to have to deal with in April 2019, HMRC are introducing Making Tax Digital for VAT (MTD for VAT). With effect from 1 April 2019, businesses with a…

Blog18th Dec 2017

The VAT impact of changing tastes – Version 2

Following the release of the Office of Tax Simplification’s (OTS) report “Value Added Tax: Routes to Simplification” in November 2017, we have updated a previous blog which highlights the various VAT complexities which arise in the food and drink sector.

Blog6th Dec 2017

IR35, Private Sector Look Out!

HMRC has been concerned about individuals working through personal service companies (“PSC”) and similar arrangements for over 2 decades – viewing it as a way of avoiding PAYE and Class 1 NIC, when, in HMRC’s view, the individual is acting…

Blog29th Nov 2017

Scottish Taxes are here to stay – but will taxpayers want to stay in Scotland?

This is an updated blog to reflect changes announced in the Chancellor’s Autumn Statement speech made on 22 November 2017.

Blog15th Nov 2017

Charity VAT- Beware the income traps

In our first Charity VAT blog, we looked at the various VAT reliefs that may be available to you as a charity. Moving on from the expenditure side, in this Blog, we will start to look at the issues that…

Blog13th Nov 2017

Don’t let VAT be a cost of doing business in the UK – 13th Directive Claims

One of the most common questions we are asked by our overseas clients when they are looking to do business in the UK is – “Can we recover the VAT we incur in the UK?”

Blog9th Nov 2017

VAT on Pension Scheme Costs – The final answer?

Historically, HMRC have allowed a simplification for the VAT incurred on the administration of a pension fund. This simplification allowed employers to treat 30% of the VAT charged by scheme managers as relating to the management of the fund and,…