by AJN Accountants | May 24, 2024 | Accounting
Your company can request an advance assurance from HMRC before issuing shares to prospective investors to confirm eligibility for the EIS and SEIS schemes. While this is not mandatory, HMRC offers this discretionary service to help ensure your offering meets the...
by AJN Accountants | May 17, 2024 | VAT
The zero rate of VAT has been extended to include the installation of additional energy-saving materials (ESMs) from 1 February 2024. The installation of certain specified energy-saving materials (ESMs) in residential accommodation is zero rated for VAT. The more...
by AJN Accountants | Apr 29, 2024 | Accounting
HMRC has confirmed the mandation dates for making tax digital for income tax self assessment (MTD SA) as announced in the Autumn Statement 2023. From April 2026, taxpayers subject to income tax on their trade, profession, property income or business and who have...
by AJN Accountants | Apr 13, 2024 | Advice
HMRC has reminded investors in cryptoassets that they should declare any income or gains above the tax-free allowance on a tax return. If you hold cryptoassets such as Bitcoin you need to pay tax on any income or gains you have made. Most individuals investing in...
by AJN Accountants | Feb 23, 2024 | Accounting, Advice, FAQs, Small Businesses, VAT
In the world of VAT, a business can be unaware of a fraud in the supply chain and still be regarded as a fraudster, if they have not properly vetted their suppliers or has ignored signs of potential connections to fraud. In 2023 alone there were three high-profile...
