Rent-a-room relief was introduced in 1992 to provide an incentive for people to let out spare rooms in their home. Since its introduction, there have significant changes to the housing market. In addition, the growth of online platforms such as ‘Airbnb’ have made it easy for those with accommodation available for letting to reach potential occupants. … Continue reading Changes to Rent-A-Room Relief does this effect you?
Month: October 2018
Limited company director duties and responsibilities When you become a director of a limited company, you are entrusted with several responsibilities and duties, to ensure that you run the company properly, and comply with company law and a wide range of rules and regulations which cover everything from paying your tax on time, to how … Continue reading Company Directors do you know your responsibilities?
House and Flats VAT for most work on houses and flats by builders and similar trades like plumbers, plasterers and carpenters is charged at the standard rate of 20% - but there are some exceptions. Zero rate VAT You may not have to change VAT on some types of work if it meets certain conditions, … Continue reading VAT on New Builds & Renovations.
Knowing your numbers is vital when running a business, property or otherwise. We recommend Xero above all others to the point that we only work with clients that are on the platform, their beautiful online software can give you a whole new way of doing your bookkeeping, accounts, invoicing, payroll and reporting - from anywhere, at any … Continue reading Xero in on your numbers and make better decisions.
Amazing Breakthrough! “Scientists have discovered a revolutionary new treatment that makes you live longer. It enhances your memory and makes you more creative. It makes you look more attractive. It keeps you slim and lowers food cravings. It protects you from cancer and dementia. It wards off clods and the flu. It lowers your risk … Continue reading Book recommendation – “Why We Sleep” by Matthew Walker
We are told that the Government wants to simplify the tax system and help individuals and businesses to keep on top of their affairs. But what impact will this have on your business? Making Tax Digital (MTD) will require taxpayers to keep timely digital records of all business transactions and these will be sent directly … Continue reading Making Tax Digital