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How long must I retain my books and records?

HM Revenue and Customs ( HMRC ) may check your records to make sure you’re paying the right amount of tax, but how far can they go back & how long should you keep business records?

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Claiming back VAT on a vehicle purchase

You can usually reclaim the VAT paid on goods purchased for use in your business. However, with vehicles these often include an element of personal or private use. We explain the rules regarding reclaiming VAT on vehicle purchases.

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Loans to employees – what you need to know

Whilst a business is perfectly entitled to loan money to employees or relatives, there can be tax implications if it does.  Here’s our brief reminder of those implications.

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Guide to Payroll Changes from April 2019

If you are an employer there are several payroll changes which come into effect from April 2019 of which you should be aware.

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Did you know – Uninhabitable properties are not liable for 3% stamp duty surcharge?

Since April 2016 an additional 3% stamp duty charge has been imposed on buyers purchasing a second home. Irrespective of the circumstances. However, following a recent…

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