There are special rules which allow you to claim tax relief on the cost of equipment. But if all you have is a pile of raw materials to make and install the equipment, are you entitled to any tax
deduction at all?
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A recent report noted that those phoning HMRC were having to wait up to 30 minutes to speak to someone. Many gave up before then. Do you have to put up with this inefficiency or are there better ways
of getting through to the Taxman?
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You’ve recently seen one of the major banks advertising “invoice financing” as a way to improve cash flow for your business. What is this, and is it something worth considering for your company?
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According to new research, 58% of managers take the view that a corporate hospitality spend of £100 per person is “lavish”. If this is true should the directors set a lower limit to avoid falling
foul of the Bribery Act 2010?
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When you formed your company its name was registered with Companies House and automatically protected by law. But if your product or brand is unique or vital to your business, how do you go about
protecting it?
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The Taxman has issued new tougher guidance for directors who provide services through their company. Are you now more at risk of being caught by IR35?
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You know that the VATman is more than happy to issue penalties for late registration. But how are these assessed and why have you been told about two completely different types?
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Cases roundup.. Pendragon Group of Companies v HMRC FTC/29/2009. VAT avoidance schemes The case. This was an appeal to the Upper Tribunal by the VATman against the decision of the First-Tier Tribunal
to allow appeals by various members of the Pendragon Group of Companies. Relevant facts. Pendragon implement a VAT avoidance scheme created by a large...
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The Taxman extols the virtues of the time and admin savings you can make by using his flat rate scheme (FRS), but he’s keen to play down some of the VAT savings it offers. What are these and when can
you take advantage of them?
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You can choose to register voluntarily before reaching the registration limit and even before you’ve started to trade. But why would you want to and are there any advantages?
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