Zig Ziglar
“You don’t have to be great to start, but you have to start to be great.” Zig Ziglar
You may be selling your business promises. The timetable could be uncertain. HMRC will want their share in the form of CGT. If the sale is associated with the sale of a business, then you may get BADR and only pay £10% tax. But the conditions for BADR are broadly: The business has carried on
Selling Trading Premises Read More »
Every week we take a look at what is trending in the accountancy and tax press and share items that we think will interest you. However, these are only outlines and where they relate to tax planning should not be acted upon without looking into them more completely as everyone’s circumstances are particular to them.
£105bn Ers National Insurance Read More »
I read today that some accountants are working more than 40 hours a week and even having to do work over the weekend! I must admit that I could not help but laugh. Presumably, they are all in the soft South of England. I don’t think I know many, if any, accountants in business who
“Opportunity is missed by most people because it is dressed in overalls and looks like work.” Thomas Edison
Since 31 May 2023, businesses have the option to apply online for an automated VAT Payment Plan, provided they: Have filed their latest tax return Owe £20,000 or less Are within 28 days of the payment deadline Do not have any other payment plans or debts with HMRC Plan to pay their debt off within the
VAT Time to Pay – Self-Service Payment Plans Available Read More »
Every week we take a look at what is trending in the accountancy and tax press and share items that we think will interest you. However, these are only outlines and where they relate to tax planning should not be acted upon without looking into them more completely as everyone’s circumstances are particular to them.
Jeremy Hunt’s Fairwell Tour Read More »
I have been sitting in Departures at Gatwick’s North Terminal for a couple of hours. I have been away for a couple of days on family matters but am now waiting for my flight back to Inverness and then will travel onward to Elgin by car later tonight. The airport isn’t mobbed so there are
Sitting in The Airport Read More »