Construction Industry – VAT Domestic Reverse Charge

IMPORTANT INFORMATION FOR BUSINESSES WORKING IN THE CONSTRUCTION SECTOR The introduction of the Domestic Reverse Charge (“DRC”) for construction services will come into force on 1 October 2019 and we want to make sure all our clients are ready for the changes as there...

DOES THE VAT MAN OWE YOU SOMETHING?

Imagine getting a cheque for £160,000 from HMRC!   Value Added Tax (VAT) is an extremely complex tax.  Even the most experienced bookkeepers can and do make serious errors – particularly if they are dealing with the more complicated areas of VAT. We undertake...

VAT – Direct Debit Payment “Teething Issues”

This is an important note for businesses which recently migrated to Making Tax Digital. It appears that there have been some errors in the way HMRC is collecting VAT payments since the move to MTD. When your company moved over to MTD, HMRC will have contacted your...

Self Assessment – July 2019 Payments on Account

Second payments on account for the year ended 5 April 2019 are due to be paid to HMRC by 31 July 2019. Unfortunately, due to a glitch in the HMRC statements system, you may not receive a demand from HMRC for the payment.  HMRC had a similar problem in 2018, but we...

Introducing our new Team Member!

We are thrilled to announce that Ashley Sinfield has joined our accountancy team. Ashley read Mathematics at the University of Bath and joins us from her previous position in Mayfair.  Ashley is full of fresh ideas to help improve life for our clients. With a taste...