Harnett Accountants Hammersmith Welcome you to part 2 of our monthly tax Q&A. Q. My business recently bought an e-book reader from an online retailer. It will be used for business purposes but the retailer is refusing to provide me with a VAT invoice, saying their products are not provided for business purposes, so VAT […]
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 […]
Harnett Accountants Twickenham – Child Benefit Clawback
Harnett Accountants Twickenham present another useful tax tip about changes to child benefits in force from next year: If your net taxable income last year was £50,000 or more you will shortly receive a letter from the Tax Office about child benefit. You can safely bin this missive if your children are no longer eligible […]
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 […]
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 […]
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 […]
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 […]
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 […]
Harntt Accountants Kingston – Tax Efficient Company Cars
Harnett Accountants Kingston have another great video tip to help reduce your taxes. Did you know that going green could help to save more than just the environment. If you need advice about company cars, or anything tax related for you or your business, please contact us and we will arrange a free one hour […]
Half A Million Taxpayers Face Penalties – Harnett Accountants Twickenham
Half a million self-assessment taxpayers receive late submission penalties according to this article published in Accountancy Age, brought to you by Harnett Accountants Twickenham: “ABOUT HALF A MILLION self-assessment taxpayers who are still yet to file their 2010/11 tax returns are in line to receive additional penalty letters this week. The proportion of outstanding returns […]