Chartered Certified Accountants in Matlock & Sutton in Ashfield
Approachable, professional service - Tailored to your business needs
ColemanBradshaw Blog
VAT rate increase
VAT is going back to 17.5% The standard rate of VAT will return to 17.5% on 1 January 2010. So what should you be doing?
The correct rate of VAT to apply is that applicable on the day the customer receives the goods or services. This means that invoices raised before 31.12.09 should charge VAT at 15%; […]
Buy an Electric van!
With effect from 6 April 2010 if an electric van is provided to an employee for his use, the amount of the taxable benefit is reduced to nil (from £3,000). A new definition of an electric van will be given in amended legislation, but it is anticipated that the definition will mean that the vehicle […]
VAT flat rate scheme - new percentages released after yesterday’s PBR
Changes to flat rate VAT percentages with effect from 1st January VAT return…
If you are on the flat rate scheme and completing a VAT return with a period ending 01/10 or later you will need to apply the new percentage to all 2010 turnover. There may be intricacies for individual circumstances so always contact us […]
Reclaim VAT on your mileage - changes to fuel advisory rates announced
Important information for all clients who complete their own vat returns - if you have employees (including yourself if you are a director of your own limited company) that use personal vehicles for business travel, then you should be reclaiming VAT on mileage.
Simply take your mileage for a quarter, multiply it by the rate applicable to your […]
Non-chocolate digestives
Can somebody please explain the thinking behind buying digestives without chocolate on?
Presumably it’s the latest attempt to stop me eating all the biscuits, but sorry Fiona and Wendy, it just won’t work, because I eat everything in sight, even if I don’t like it, I just can’t help myself.
So to prevent further chocolate induced diva strops, […]
Tax Refund Email Scam Update
In September 2009, it was reported that over 80,000 scams were reported to H M Revenue & Customs.
This is astonishing!
The scam email tells the recipient that they are due a tax refund, and then asks for bank or credit card details.
Recognised scams are published at http://www.hmrc.gov.uk/security/examples.htm.
If you do receive any emails of this nature, please […]
Latest team news…
Coleman Bradshaw have bulked up the squad numbers in advance of the january transfer window, sorry, tax return filing deadline. Utility player Maria Peck can play anywhere, and although her preferred position is in supporting small businesses with tax compliance, can expertly lead our payroll bureau service alongside young new transfer Alicia Foster and veteran Fiona Griffiths. Having spent most […]
Free childcare for training and learning for work scheme
The Free Childcare for Training and Learning for Work Scheme has been announced as a new initiative to help parents get back into work. The scheme proposes to pay up to £175 per week for each child under the age of 14 to a parent that is not working, in a household where the total income […]
Minimum wage
The national minimum wage increased with effect from 1 October 2009: 16-17 year olds is now £3.57 per hour,18-21 year olds is now £4.83 per hour, and22 + year old is now £5.80 per hour. Using tips to make up the minimum rate has been outlawed from 1 October, more details can be found by visiting www.berr.gov.uk/files/file51166.pdf
Archives
-
Categories
- Announcements (20)
- comment (8)
- just for fun (16)
- News (6)
- Tax (9)
Meta
