Apr 1, 2021 | Aviation, Tax
Government – more open about reforms and changes All too often small business advisors like myself have to find out about the government’s plans for changes to our tax system, on many aspects.Now however, it appears that they are becoming a little more...
Dec 15, 2020 | SDLT, Tax FAQ
Stamp Duty Land Tax (SDLT) – when to file a return A Stamp Duty Land Tax (SDLT) return should be filed whenever you purchase a Capital Asset, such as a new house, land or business assets such as shares in a trading company and the value is greater than £40,000....
Dec 15, 2020 | PAYE, Tax FAQ
What you need to do to set up a PAYE scheme You need to register a PAYE scheme to pay yourself and your employees, and deduct tax at source. You do not need to have a registered company when you want to employ someone directly in your business, but you will need a...
Jul 24, 2020 | Aviation, Case Study, Future planning, Growth
If you think you will need one – plan ahead! Recently I had a client who wanted to apply for a mortgage and as their accountant I was asked for the SA302, for the mortgage company. The SA302 is a statement issued by the HMRC stating what you have earnt from...
