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 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 […]
Must You Register for VAT? Harnett Accountants in Kingston tell us more.
There is a myth in certain quarters that every legitimate business is required to be VAT registered. Harnett Accountants in Kingston insist that this is not the case. A sole-trader, partnership or company does not have to become VAT registered until the total sales for 12 consecutive months exceeds £73,000, this does however apply to […]
Missing Trader Fraud described by your accountants in Richmond
We were recently contacted by one of our fellow accountants in West London about one of their clients being affected by Missing Trader Fraud, which costs the UK millions of pounds each year. They wanted to know if any of our clients from Harnett Accountants in Richmond had also been affected. Luckily none of them […]
Your Accountants in Richmond explain the 2011 Stamp Duty Land Tax change
Harnett Accountants in Richmond are here to tell you that the Stamp Duty Land Tax (SDLT) has now been in effect for almost a year! As Accountants in West London we often hear mumbles through the street and from our clients on their misunderstanding of the changes made. So below is our brief explanation. The […]
Property Development: A Note From Your Accountants in Richmond
As accountants in West London we understand the high prices involved in buying a new property, especially if you plan to develop it. That is why we at Harnett Accountants in Richmond have these few simple facts/tips to try and keep those tax issues at bay. If you purchase a property with the intention of […]
Ask your Accountants West London Business Claiming back VAT
As accountants in West London we know that money is hard to hold onto, which is why our favourite moments are when you can claim back that sneaky VAT charge. Our team of accountants in west London are often asked by private companies about this matter and if there are any tips/hints that could be […]
An Introduction To Harnett Accountants Richmond
Hello! And Welcome to the very first Harnett Accountants’ blog. Every Monday to Friday we will bring you daily news up-dates accompanied by the occasional tax and business related tips. Video Tips. We will also bring you regular videos by our founder, Damien Harnett, filmed at Teddington Television Studios. These videos will be accountancy nuggets […]