Cash & currency
When you obtain goods or services from a third party then you usually exchange those goods or services with the vendor for something that person deems of be of similar/acceptable value. If you [...]
Blog
General election
The general election is being held on 8th June so look out for a new budget shortly thereafter. But the big news is the cuts. Following previous announcements, a big Finance bill had been drafted [...]
Hog – percy the blue boar
You may have seen a blue fibreglass pig outside our Haslemere office recently – The Blue Boar. This is our contribution to the Haslemere town promotion – Haslemere Hogs 60 [...]
Auto enrolment pensions – how they work
There has been a lot of information recently about the need for an employer to have a new compulsory Auto Enrolment Pension Scheme but not much about how they work. What is an Auto Enrolment [...]
The vat flat rate scheme is not dead
The VAT Flat Rate Scheme as introduced 12 years ago to make life easier for small businesses and the inspectors who had to cope with their bad bookkeeping The Scheme as it was Under the Flat Rate [...]
Spring budget 2015 – highlights
The pre-election, 2015 Spring budget has announced lots of new projects for the future and extended some already announced, here are the highlights. There is a lot on Personal Tax [...]
How long do you need to keep records for?
Insurance companies have now set up a database to retain records of employer’s liability insurance for the requisite 40 years to remove that burden from the employer. They have been [...]
New eu vat rules from 1st january 2015 – the moss scheme
From 1st January 2015 VAT rules are changing for the supply of Digital Services to the public. Digital Services has been defined as covering but not being restricted to Broadcasting [...]
Personal tax returns
Personal Tax Returns A Personal Tax Return is the standard method by which HMRC check that you have paid the correct income tax, collect any extra tax or pay refunds. In this country not everyone [...]
Child benefit clawback
Back in 2012 HMRC decided to introduce a new stealth tax. The target was high earning parents, in particular single income families, from 7th January 2013. Every parent is entitled to child [...]