Up-to-date financial and business advice for individuals, self-employed and small businesses in response to the coronavirus outbreak.
It’s that time of year, summer has gone and the leaves are starting to fall from our trees, which means it’s time for the Chancellor’s annual budget. The budget took place on Monday 29 October, and despite many expected (and unexpected) announcements, there were, however, three aspects that were relatively unusual. Firstly, it is earlier
What comes into your mind at the mention of the word tax? Well, I guess, two things always crop up: deadlines and fines. But tax is an inevitable part of society and has been paid since time immemorial. And, as a matter of fact, fines can be eliminated if you adhere to deadlines. Therefore, the
Hi all, firstly I want to thank all our clients for their business in April. So far, we have managed to process over 400 CIS Tax Returns and as I write this blog, 75% have already paid out! We welcome 62 new customers in April alone, and I thank our current clients as nearly half
In a few week’s time, those working in construction will enjoy their second Christmas of the year, as, from April 6, it is possible to claim a tax rebate from the HMRC under the CIS Scheme for the 2017/18 tax year. Here at VW Taxation, I estimate in April alone, we will process over 300
If you are reading this post, I am guessing you may be one of the approximately 700,000 people who missed the 31 January 2018 deadline for their 2016/17 Self Assessment Tax Return and are now a proud owner of the £100 Fine letter from HMRC. Whilst your excuse may be genuine (or not!) there is nothing more
In the pub over Christmas, I got asked by a mate of mine what I thought of the Autumn Budget announcements. Knowing I’m an accountant, all he really wanted to know was how does all this complicated political jargon affect whether he could afford an extra round of drinks in the pub each Friday night, and