Is your charity trading? There are many organisations that, perhaps, would be unsure about how to answer this question. Trading as a charity can be complex. Some charitable organisations do not necessarily recognise what they are doing could be deemed
VAT
VAT at 50: The evolution of a not so simple tax
Value Added Tax (VAT) turned 50 on 1 April 2023. However, many would argue that it still has some growing up to do! Whilst many of us will know something of the biscuit vs. cake debate, this doesn’t even scratch
Tax & business news: January round-up
As we find ourselves at the beginning of another new year, doing our best to pick up where we left off before the festivities, we thought a round-up of the most important tax and business news for January 2023 was
VAT efficiency for cost-sensitive SMEs
The ‘charge and claim’ cycle associated with Value Added Tax (VAT) often becomes a routine part of running a business but, with VAT contributing significantly to Government’s annual tax receipts, opportunities to improve VAT efficiency should not be overlooked. Cash
Can home office costs be met by my limited company?
Whilst many are enjoying the benefits of remote working, lacking a dedicated space from which to do so can wear thin. As such, thoughts turn to creating a more ‘permanent’ and comfortable home office space. If you’re a company director,
Brexit Support Fund available to SMEs
Having left the EU, a Brexit Support Fund has been set up to help SMEs overcome the new challenges associated with importing and exporting. Qualifying for the SME Brexit Support Fund In order to qualify for up to £2,000 of
Tax Day 2021; What can we expect?
Just weeks after the Chancellor’s Spring Budget, the Treasury will hold what is being dubbed ‘Tax Day’ on 23 March. A raft of consultations which relate to tax policy, but that do not impact upon Government finances, will be released