Tag Archives | Tax

Making Tax Digital

Making the UK tax system effective, efficient and easier MTD – Making Tax Difficult, sorry, I mean Digital, is the HMRC initiative designed to make sure that the UK tax system is effective, efficient and easier for tax payers – or perhaps the Revenue! This initiative set out the vision to end the tax return […]

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Electric Dream

Tesla – an electric dream or an expensive nightmare? A client recently asked me to look into the implications of buying an electric company car. There are certainly some very strong incentives to go electric if you are looking to buy a company car including the following: 100% First Year Allowance for business owners to […]

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Royal Entertainment

A right royal weekend of entertainment Well, what a weekend that was! A royal wedding and the FA cup final, red white and blue; perhaps more blue than the other colours (that’s for you John). Personally, I loved the royal wedding and good luck to Harry and Megan. The weather was perfect and I’m sure […]

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Happy New Year

Happy New Year!

New Year – and a new tax regime MTD?! Does this mean “More Tax Demands”? Yes, most certainly! Will it mean “My Tax Diminishes! I’ll let you answer that one! MTD, Making Tax Digital – this is The Revenue’s present to us all – and it’s not one you can take back to the shops […]

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Christmas Gifts

What gifts can your business give? The Christmas period is now fully upon us, a time of goodwill, peace… and gifts!!! So, as a business owner, what gifts can you give without upsetting the Christmas Taxman Grinch? Well, there are a few simple rules to follow: The gift itself must not be food, drink, tobacco […]

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November Budget ’17

November Budget 2017 So, I’m sat here preparing my presentation for tonight on the budget – I guess I should be thankful it won’t be a long one! The economic outlook has worsened with the OBR (Office of Budget Responsibility) reducing the forecast for growth.  However, Phillip Hammond has increased spending with very little increase in tax […]

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