VAT on Multi Products
Most products and services are subject to the standard rate of VAT at 20% but some products are zero-rated (VAT applied at 0%) while others,…
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Redress Payments
Was your business mis-sold an interest rate hedging product (IRHP) by its bank? The Financial Conduct Authority (FCA) has required the banks concerned to make…
Read MoreRTI Late Filing Payments
From 6 October 2014 the HMRC computer will automatically issue you with a penalty if you submit your full payment submission (FPS) under RTI ‘late’,…
Read MoreJackie and Tracey Celebrating 25 years at Townends
[one_second] Jackie Maltby Associate 24.07.1989 – 24.07.2014 For those of you who may not know, Jackie is a former Inspector of Taxes and has a…
Read MoreCommission Refunds
If you invest through a firm of financial advisers you may well receive a repayment of commission from that firm each year. In previous years…
Read MoreMaximising Statutory Maternity Pay
Paying statutory maternity pay (SMP) is not optional. It must be paid if your employee qualifies but the good news is that a small business…
Read MoreAccelerated Payments
The Taxman now has the power to demand tax from you if you have used a registered tax avoidance scheme, or if he thinks the…
Read MoreScary Letters
Have you received a scary letter from HMRC lately? Perhaps all HMRC letters are scary but this latest nudge-letter really takes the biscuit. In it…
Read MorePAYE Reconciliations
If most of your income is taxed under PAYE (Pay As You Earn) you may soon receive a reconciliation of the income tax you have…
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