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Current News - Find Out Whats Happening |
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24 March 2011
Contract Hire New Vehicles
Contract hire is a great way of obtaining a new car or van. More than 50% of all new company cars registered each year are funded this way and because the vehicle is owned by the leasing company a contract hire vehicle does not have to be shown as an asset on your balance sheet allowing some or all ...
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09 February 2010
Tax and eBay
Clearing out the attic and selling unwanted items on an online auction site such as e-bay can be a useful way of raising some extra cash – there are even television programmes dedicated to the subject! But what is the tax position on items you sell and other buying and selling you might undertake on...
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09 February 2010
Double cab pickups tax surprise!
Generally speaking double cab pickups have as much utility as cars, as they do as vans – owners have been seen to polish the inside of the tail gate! Surprisingly there are a number of VAT and tax concessions for businesses that run this type of vehicle.
“Since 1 December 1999 vehicles that have...
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20 August 2009
New disclosure opportunity
So it's round two of HM Revenue and Customs (HMRC) attempts to encourage taxpayers particularly those with offshore accounts to come forward and bring themselves back into the tax fold if they have been under-declaring their UK tax liabilities.
As announced in this year's Budget, HMRC ...
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20 August 2009
House Builders – do you let property you have built?
This notice sets out details of a possible VAT claw back if you build a residential property and then let it out.
The letting of unsold property stock is a scenario that many builders have been forced to consider due to the present downturn in house sales and the difficulty for buyers getting th...
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