Blog

BUYING A COMMERCIAL BUILDING
When buying a commercial building, the price may include VAT if the vendor has opted to tax the property. If the buyer is VAT registered…
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FREEPORTS – THE TAX BREAKS
Eight new Freeports were announced earlier this year, with each offering operators within the sites a number of tax incentives. The sites are: East Midlands…
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PRESERVING FHL STATUS FOR 2020/21
A qualifying furnished holiday let (FHL) enjoys a number of favourable tax breaks – including business asset disposal relief, and the ability to claim capital…
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Josh Shackleton – Accountant
Having completed my AAT with the Goole team, I moved to our York office and began studying ATT, a tax specific qualification. In early 2021,…
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Health and Social Care Levy
Rumours of an imminent rise in NI rates started to circulate at the beginning of September, and were confirmed on 7 September with the publication…
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Student Story – Georgina Thaw
I joined Townends in 2018 in the Pontefract office after graduating from Newcastle University with a degree in Accounting and Finance. I am now located…
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HMRC ENQUIRIES: IS IT IN TIME?
The self-assessment system includes the right for HMRC to make enquiries to ensure the correct amount of tax is collected. However, these rights and the…
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LATEST NEWS ROUND UP
Covid-19 September is the final month of the furlough scheme, subject to any last-minute extension. Employers will need to top up the government’s contribution, which…
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