Rangers FC and the tax case

Posted on 14/02/2012 by Matthew

Or a lesson for Contractor Accountants in when not to use an EBT (employee benefit trust). If, like me, you follow Scottish football with the same enthusiasm a hamster has for tank warfare   – you may have missed the tax debacle north of the border. Before I go into what it all actually means –

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What is the VAT Flat Rate Scheme?

Posted on 06/02/2012 by Matthew

What is the VAT Flat Rate Scheme? Any business in the UK with a turnover of more than £73,000 must be registered for VAT. This means adding on 20% VAT to your normal sales invoice and paying the 20% VAT over to the VAT office. However, there is a scheme called “The Flat Rate Scheme”

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Put an “S” at the end of your product

Posted on 05/10/2011 by Matthew

After reading the new announcement by Apple last night, it occurred to me you could do a lot with the letter S. I was a teenager in the 1980’s, the time when hot hatchbacks were invented and people started to spend money on cars. A perfectly ordinary hatchback could have a cheap facelift and then

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Creationism vs. Evolution – an argument you can’t win.

Posted on 27/09/2011 by Matthew

Last night I was reading an online argument between two bloggers. One was a staunch theist and the other an atheist – pretty obvious what they had to argue about. After a brief opening salvo, they settled down into the usual slanging match that always goes something like this. Theist : You’re not answering my

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It’s getting Biblical – apart from petrol prices!

Posted on 09/08/2011 by Matthew

If you look back at my Blog from 19th July, I made the point that amazing things had happened in the previous month. That list now looks like an aperitif compared to what’s happened in the last 3 weeks. When I finally am 64 years old (long way to go yet), my grandchildren will want

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