New Trainees at Townends Accountants
Trainees – Jessica, Wesley, Liam, Alex and Sophie Jessica, Wesley and Liam are studying for the Association of Accounting Technicians (AAT) at York College. Alex…
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National Insurance Contributions
It seems that HMRC is trying to gather every penny in tax and National Insurance Contributions (NIC) from every possible source. Recently it has been…
Read MoreTaskforce At Large
HMRC has set up specialist tax investigation teams to concentrate on recovering unpaid tax from particular business sectors or as a result of tax fraud.…
Read MorePensions Death Tax
Currently if you die before you have started to draw your pension the value of your pension fund will not usually be subject to Inheritance…
Read MoreScottish taxes – What's changed?
The Scottish people have spoken and the majority have decided they want Scotland to remain part of the UK. However that does not mean everything…
Read MoreVAT on International Services
When you sell services to businesses in other countries the sale will generally be outside the scope of UK VAT. You do not charge VAT…
Read MoreUnderstanding the CIS
If you are a contractor in the construction industry it is essential that you deduct the right amount of Construction Industry Scheme (CIS) tax from…
Read MoreCreating Extra Cash Flow
Could your creative company benefit from a boost to its cash flow? If it produces computer games, films, high-end TV or animation programmes it may…
Read MoreTravel Question
If you contract through your own personal service company (PSC) you will be an employee of that company and you have to obey the strict tax…
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