by AJN Accountants | Sep 18, 2026 | VAT
If you acquire, create or construct capital items for use in a business and you incur VAT on those items, you may need to use the VAT Capital Goods Scheme (CGS) on your VAT returns. The CGS is a mechanism that adjusts the amount of VAT a business can recover on...
by AJN Accountants | Sep 7, 2026 | Tax Planning
Taxpayers who were required to join Making Tax Digital for income tax (MTD) from April 2026 but have not done so will be signed up automatically. Starting from September 2026, HMRC will use information it holds to identify and register taxpayers it believes to be in...
by AJN Accountants | Aug 27, 2026 | Tax Planning
Salary sacrifice can be one of the most tax-efficient ways to contribute to a pension, particularly for higher earners, employees receiving bonuses and those earning around or above £100,000. But the benefit isn’t simply about putting more money into your...
by AJN Accountants | Jul 16, 2026 | News
Individuals and landlords with gross income from self-employment and/or property above £50,000 on the 2024-25 tax return are mandated to join Making Tax Digital (MTD) from April 2026. But what happens if that income has ceased by then? If you completely stopped...
by AJN Accountants | Jul 13, 2026 | Tax Planning
HMRC has reconfirmed that supplies of electricity for charging electric vehicles (EVs) at public EV charging points is standard-rated for VAT purposes. Electricity supplied at public EV charging points is subject to VAT at the standard rate of 20%, rather than the...
