Tag Archives: accountants in west london

Harnett Accountants Wimbledon – September Tax Q&A Part 1

Harnett Accountants Wimbledon are pleased to present part 1 of our September Tax Q&A: Q. I run my own company from an office in a spare bedroom at home, and my wife runs a separate company from a downstairs office in the same house. Can we both claim £3 per week expenses for use of […]

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Harnett Accountants Wimbledon – Self Billing

Harnett Accountants Wimbledon offer this useful advice on self billing: ‘Self-billing’ is where the customer in the supplier/customer relationship raises the invoices to themselves for work done or goods provided by the supplier, instead of the supplier raising those invoices. Self-billing helps large organisations that need to pay out lots of small amounts to hundreds […]

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Harnett Accountants Hammersmith – Gifting Assets and Shares

Harnett Accountants Hammersmith brings you another useful piece of tax saving advice. If you plan to gift assets or shares to your relatives, there are several taxes you need to consider: Capital Gains Tax You won’t make an actual profit or gain when you give away assets or shares, so you may not expect to […]

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Harnett Accountants Hammersmith – Whose Fault Is Underpaid Tax?

Here’s another useful tax tip from Harnett Accountants Hammersmith: Have you received a tax calculation (on form P800) which shows you owe tax that you thought had been collected under PAYE? Every year the Tax Office undertakes a ‘PAYE reconciliation’ to check whether the tax collected from pensions and salary under PAYE was the correct […]

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Harnett Accountants Twickenham – VAT Reclaim Cases Will Cost Taxman Billions

Harnett Accountants Twickenham bring you this report from Accountancy Age, revealing how VAT claims going back as far as 1973 are now going through the European courts, and could see the taxman repaying tens of billions in repayments: “THE COURTS are presumably growing tired of VAT reclaims cases now. At least, if they aren’t, they […]

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Harnett Accountants Twickenham – Mortgage Slowdown Continues

Harnett Accountants Twickenham brings you this report from the BBC Business News website, showing that the number of mortgages being given by banks is still shrinking. The findings show that banks are still rationing their funds following the financial crises, however building societies have been seeing a strong revival in this sector. “The number of […]

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Harnett Accountants Richmond – Government Figures Dont Add Up

Harnett Accountants Richmond brings you this interesting article from the business section of the BBC News website. It seems that there is a disparity between the economic growth forecasts and the real published employment figures: “Here’s the statistic that Britain’s finest economic brains simply cannot explain: the number of people in work in the UK […]

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Harnett Accountants Kingston – VAT Relief As Far Back As 1973!

Harnett Accountants Kingston brings you this report from Accountancy Age. A new ruling means that VAT relief on bad debts can be claimed from as far back as 1973! “A BILL running into billions of pounds could be on its way to the chancellor after an upper-tier tribunal ruled that VAT rebates can be claimed […]

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Harnett Accountants West London – Are You Neglecting Your Cash Flow?

Harnett Accountants West London brings you this report from accountancy age. It seems that many businesses are unwittingly acting as a bank for their clients, sending out late or incorrect invoices at the expense of their own cash flow security: A RECENT CFO survey by Deloitte highlighted the importance of cost control and cash flow […]

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Harnett Accountants Richmond – HMRC’s Tax Taskforces Revealed

Harnett Accountants Richmond brings you this insight from Accountancy Age into the new tax taskforces introduced by HMRC to clamp down on tax evasion: IN RECENT MONTHS, the taxman has been doing its level best to be seen to be tackling those dodging their tax share. Part of HMRC’s myriad tools to achieve that has […]

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