In today’s business world with the rapid advance in internet business activities, internet advertising is hitting all time highs. Google Adwords is a popular form of marketing for getting your website onto the Google search results page. It is an international service for Value Added Tax (VAT) purposes as it is sold to UK businesses [...]
Paying a Value Added Tax (VAT) liability can be a large burden for small businesses. This article is aimed at owners of small businesses in the UK and focuses upon how their VAT burden can be successfully managed. Ten tips on managing your VAT liability: 1.If you do not need to compulsory register for VAT, [...]
The Chancellor George Osborne delivered his Autumn statement on 29 November 2010, but this was NOT a Pre Budget Report full of tax information as we had come to expect from Gordon Brown. George Osborne was primarily responding to the report from the Office of Budget Responsibility (OBR) which was released earlier the same day. [...]
This article is written by a Bridgend based Chartered Accountant and relates to the UK tax system and in particular the Construction Industry Scheme (CIS). Every month the Taxman’s computer reviews the tax records for a number of contractors in the Construction Industry Scheme (CIS) who qualify for gross payment status. This means that tax [...]
This article is written by a UK based Chartered Accountant and relates to UK tax law. Furnished holiday lettings have some specific tax advantages. On 9 December 2010 the Government released draft tax legislation that is expected to become law from April 2011. This draft law includes three major changes to the taxation of furnished [...]