by AJN Accountants | Oct 20, 2022 | Advice, Contractors, Small Businesses, Tax Planning
Travelling to the workplace may now be unaffordable for some employees but employers who help by reimbursing travel expenses could be creating an extra tax burden for themselves and their employees. The journey between an employee’s home and their permanent...
by AJN Accountants | Sep 9, 2022 | Accounting, Advice, Financial Planning, Small Businesses, Tax Planning
Programming an electronic till to suppress the recording of sales amounts to tax evasion and HMRC can impose some serious penalties on retailers who do this. HMRC are initially seeking out the producers and promoters of electronic till software that can be used for...
by AJN Accountants | Sep 2, 2022 | Advice, Financial Planning, Small Businesses
Is your SME ready for 2035? The UK government’s Innovation Strategy is to turn the UK into a global innovation hub by 2035[1]. It has been shown that long-term growth innovation in technologies, production processes, supply chains, and business models determine...
by AJN Accountants | Mar 22, 2022 | Accounting, Advice, News, Small Businesses, VAT
The hospitality and tourist sectors have been supported through the Covid-19 pandemic by being able to pay a reduced amount of VAT to HMRC in respect of most sales. The reduced VAT rate was 5% from 15 July 2020 to 30 September 2021 and 12.5% from 1 October 2021 to 31...
