by Darren Fagan | Jul 31, 2017 | Business, Tax News
Expected to impact more than 3m small businesses of self-employed and landlords, Ministers have announced next steps for the Making Tax Digital initiative such that: – only businesses with a turnover above the VAT threshold (currently... by Darren Fagan | Jul 31, 2017 | Business
In recent months, there have been a series of cyber-attacks impacting businesses globally. The latest threat from a variant of an earlier virus called Petya has taken down systems from companies around the world, costing an estimated $400 billion a year. ... by Darren Fagan | Jul 28, 2017 | Business, Tax News
Most people will be aware that the state retirement pension system has changed for people who reach state pension age on or after 6 April 2016 – that is men born after 5 April 1951 and women born after 5 April 1953. The full new state pension is currently... by Darren Fagan | Jul 21, 2017 | Business, Tax News
Supplies involving land are generally exempt from VAT as set out in group 1 in VATA 1994 Sch 9, although there are numerous exceptions. If a landowner wants to charge VAT on his supplies, they must make an election with HMRC – hence the phrase “option to... by Darren Fagan | Jul 13, 2017 | Tax News
The Conservative Party Manifesto announcement and subsequent U-Turn on the requirement to pay for social care may have caused many voters to switch their allegiance in the June Election. Although this so-called “Dementia tax” is not strictly a tax, paying...