MTD Seminar Invitation

Businesses are born in many ways but there are some common considerations for all start-ups. Legal form Consideration needs to be given as to the how you wish to set up and structure your business. If you are going it alone perhaps a sole trader could be the best route or, if there is more…

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Sage 50 VAT T Codes. Sage 50 Accounts book keeping software populates its VAT return by using tax (T) codes to indicate which VAT rate to apply to each transaction. Whenever you post a transaction in Sage 50 Accounts you must enter the relevant T code:   T0 – Zero rated transactions (eg most food, books, new builds,…

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We are fortunate to have many worthy charities in and around our area all making a huge contribution to our community. When it comes to the fraudsters charities do not have any exemption, in fact quite the opposite, they are often seen as a soft touch.  The Charity Commission has just published ‘Tackling Charity Fraud’…

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Fraud is a gigantic area which I would never be able to discuss fully in one blog however, after a recent run-in with a fake HMRC line; I did want to make you aware of a few key things to look out for or to be aware of when dealing with possible fraud. It’s important…

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HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 June 2018 reflecting the upward trend in forecourt fuel prices for higher emission cars  These rates apply from 1 June 2018 and have increased slightly on the previous quarter rates, for petrol cars with engine of 1400cc or more…

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  VAT registered businesses will be aware that they can only reclaim VAT on business purchases if they have a valid VAT invoice.   For supplies over £250, this invoice should disclose: Supplier: sales invoice unique sequential invoice number, name, address and VAT number. Date and tax point, if different Your name and address Description…

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