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 –
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”
Online security is set to become even more important due to the cheque guarantee scheme being discontinued on 30th June 2011 and the widely argued discontinuity of cheques which is expected to happen by 2018. This will be an issue for many small businesses who are used with taking payment in this form. Many businesses
One of our clients has just received correspondence from a large firm of corporate lawyers due to a clash in their Limited company names. Only once in the last 22 years have I seen something like this and was surprised at the threatening nature of the initial letter. The word itself, is quite innocuous and