INNOVATION IN ACCOUNTING
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HMRC propose to restrict the availability of ‘’rent a room’’ relief to situations where the taxpayer is living in the let property for at least some of the time that the accommodation is let. Hence renting out a house during Wimbledon fortnight while the owners are...read more
Your bottom line is one of the most important numbers in your business. You’re constantly striving to improve it, because if you’re not driving your revenue up, and if you’re not growing, you’re dying. That being said, one of the biggest factors that can help improve...read more
This is a tax charge on any outstanding loans that exist as a result of a disguised remuneration tax avoidance scheme. It applies to any loans that were taken out under a disguised remuneration scheme since 6 April1999. The most common schemes were Employee Funded...read more
Under new rules due to come in on 1 October 2019 builders, sub-contractors and other trades associated with the construction industry will have to start using a new method of accounting for VAT. The measure is designed to combat VAT fraud in the construction sector...read more
Your personal brand is what people say about you when you are not in the room. So how do you go about creating an effective personal brand? Don’t make the mistake of thinking your personal brand is all about you. It’s not. Your personal brand is not about your work...read more