Category Archives: Business advice

Bed and breakfast the same day rule

14th June 2021 Posted by -

Historically, the term bed and breakfasting (sale and repurchase) of shares referred to transactions where shares were sold and then bought back the

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Cash basis for landlords

10th June 2021 Posted by -

The cash basis scheme helps sole traders and other unincorporated businesses benefit from a simpler way of managing their financial affairs. Landlords can use the cash basis when recording income and […]

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Tax when you sell an asset

3rd June 2021 Posted by -

There are special rules that must be followed when you sell an asset on which capital allowances have been claimed. Capital allowances is the term

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What is distance selling for VAT purposes?

8th June 2021 Posted by -

Distance selling is the term used to describe supplies of delivered goods from one EU Member State to a customer in another member state who is not

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Employment Status Tool

3rd June 2021 Posted by -

HMRC’s employment status service can be used to help ascertain if a worker should be classified as employed or self-employed for tax purposes in both

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Tax advice burton on trent

NICs after reaching State Pension Age

28th May 2021 Posted by -

If you have reached the State Pension age and continue to work, in most cases you no longer need to pay employees National Insurance Contributions (NICs). At State Pension age, the […]

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Claiming Business Asset Disposal Relief

24th May 2021 Posted by -

BADR used to be known as Entrepreneurs’ Relief before 6 April 2020. The name change does not affect the operation of the relief. BADR applies to the

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business advice Burton on Trent

Importing goods into the UK

19th May 2021 Posted by -

There are special procedures for importing goods into the UK. Following the end of the Brexit transition period, the process for importing goods from the EU effectively mirrors the process […]

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