Skip to content
Chartered Certified Accountants | Rochester: 01634 298238
Net Promoter Score
What Our Clients Say
How We Help
Your Biggest Issue
Growth & Development Tools
Top Tax Tips
Who We Help
Our Amazing Team
News & Events
Awards & Accreditations
Improve Your Business Results
Business Success Seminar
Newsletter Archive Login
The meaning of ‘goodwill’ for CGT purposes
The meaning of goodwill for CGT purposes is complex. The term 'goodwill' is rarely mentioned in legislation and there is ...
What is a joint venture?
A joint venture is a commercial enterprise undertaken by two or more parties who otherwise retain their separate identities. The ...
Transfer of business as a going concern
The transfer of a business as a going concern (TOGC) rules cover the VAT implications when a business is sold ...
Interest on children’s savings
All children in the UK have their own personal annual tax allowance. However, anti-avoidance laws prevent this allowance being utilised ...
Employing someone to work in your home
When you employ someone to work in your home, it is your responsibility to meet the employee's rights and deduct ...
What is a negligible value claim?
A negligible value claim is a claim made by a taxpayer when an asset they own has become of negligible ...
Finance Bill 2019-20 shelved
The Government’s draft finance bill has been shelved as we countdown to the general election on 12 December 2019. The ...
Tax Diary November/December 2019
1 November 2019 - Due date for Corporation Tax due for the year ended 31 January 2019. 19 November 2019 ...
Sale of income for a capital sum
A capital sum received by an individual in respect of the sale or relinquishment of income - derived from his ...
Pecuniary liability treated as income
A pecuniary liability can occur when a monetary obligation is fulfilled by an employer, when by law, the liability was ...
Using the cash basis for property businesses
The cash basis scheme helps sole traders and other unincorporated businesses benefit from a simpler way of managing their financial ...
Costs you can claim against your self-employed business
If you are self-employed it is important to be aware if an expense is allowable for tax deduction purposes or ...
What you must do when charging VAT
When you issue a VAT invoice to your customer, you must ensure that you charge the correct rate of VAT ...
Just under 100 days to go
HMRC has published a news release to remind you that there is now less than 100 days to file your ...
Coding out debts deadline
You can have tax underpayments collected via an adjustment to your PAYE tax code, provided you are in employment or ...
November Budget cancelled
Sajid Javid has cancelled the Budget that was due to be presented to Parliament 6th November. As the UK will ...
Compensation limits for bank deposits
What happens if your bank becomes insolvent and you stand to lose any funds deposited? The bank deposit guarantee limit ...
Making Tax Digital (MTD)
Since April 2019, VAT registered businesses with a turnover above the VAT threshold need to keep digital records for VAT ...
What is a Close Company?
A Close Company is broadly defined as a company that is controlled by: five or fewer participators or any number ...
Tax deducted from payments by companies
Under certain circumstances, companies (including non-resident companies trading from a branch or agency in the UK and local authorities) can ...
Lump sums paid in continuing employment
A lump sum payment can sometimes be made in lieu of all or part of an employee’s salary, wage, commission ...
Tax implications for construction industry
If you run a construction business and secure the services of sub-contractors, or if you are a building sub-contractor, you ...
What is a reasonable excuse?
There are a number of options if you find yourself in disagreement with a tax decision issued by HMRC. As ...
Win while you save
HM Treasury has announced the trial launch of a new PrizeSaver account with participating credit unions. The new account was ...
Toggle Sliding Bar Area