Let’s get in to the Christmas spirit by thinking about gifts for staff, (but also the tax status of them) Christmas gifts be tax free if structured correctly. Ever since April 2016 employers are allowed to provide their directors and employees with certain “trivial” benefits in kind tax … [Read more...]
Builders VAT changes delayed for a year
VAT changes for companies in the construction industry, due take effect this month, have been delayed for another year. HM Revenue and Customs introduced the Domestic Reverse Charge (DRC) as part of new anti-fraud rules to combat VAT fraud in construction sector labour supply chains. What … [Read more...]
The lessons to learn from Wakefield City Academy Trust
You may have recently read that Wakefield City Academy Trust is to be wound up after it’s schools lost £2 million, it certainly shocked us. If you’re interested in what happened, or how you as Head teacher, SBM or trustees could prevent it happening in your trust, read on. What was … [Read more...]
What to do when a key team member leaves
When a team member leaves it can be very frustrating, disrupt the business and even affect your long-term plans. However, people move jobs more frequently these days. Here’s 5 tips on what to do when a key team member decides to move on. As talented employees grow and develop in their careers, … [Read more...]
School and Academy Show 2019, London ExCel
Wow the Schools and Academy Show 2019 took place over two days in April and was held at the London Excel. Our stand was amazing , filled with wonderful moving display and competitions. Many Head Teachers, School Business Managers and Governors … [Read more...]
You could be the next target
Did you know that HM Revenue and Customs enquiries activity is more focused and better targeted than ever before. In 2017-18, HM Revenue and Customs collected £30.3 billion through compliance activity. There are now, many more trained investigation specialists, who are using the latest technology … [Read more...]
The Count Down to Making Tax Digital
MAKING TAX DIGITAL (MTD) By April 2019, businesses above the VAT Threshold will need to keep Digital records and from 2020 this could apply to all other businesses who will be updating HMRC quarterly for their corporation tax, Income Tax and National Insurance obligations digitally. … [Read more...]
Top Excuses for Missing the Tax Return Deadline
I do hope you all filed your tax returns on time!! Here are the released 2019 Top excuses or rather the most ridiculous!!!!! I'm too short to reach the post box. My boiler had broken and my fingers were too cold to type. I fell in with the wrong crowd My work colleague … [Read more...]
The deadline for filing an online tax return for the 2017-18 tax year is fast approaching. Self-employed workers are among the 11.5 million Brits who need to have sent a self assessment return by 31 January 2019 or risk being fined £100. You’ll need to send a tax return via the HM … [Read more...]
Celebrating Business Excellence in Newham
Last week we were delighted to attend Newham Business Awards in the evening held at The Old Town Hall, Stratford. We attended as we were short listed for three awards for three Business categories, Business person of the year, Customer Service and e-business of the year. The Newham … [Read more...]
