Christmas and New Year Opening Hours.

Posted by on Dec 21, 2018 in Uncategorized | 0 comments

Just a quick note to let you know our office will be closing at 5pm on Friday 21st December and reopening after New Year on Wednesday 2nd January at 9am. Merry Christmas and we look forward to seeing you next year!

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Making Tax Digital for VAT

Posted by on Aug 7, 2018 in cloud accounting, DIgital, HMRC, Uncategorized, VAT | 0 comments

If your accountant hasn’t mentioned this yet, then you really ought to have a new accountant. Does this affect me? Are you VAT registered? Then if so, yes. This does affect you and you need to be considering whether you will be compliant in time. What is it? Making Tax Digital for VAT requires VAT […]

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New HMRC Penalties

Posted by on Dec 14, 2017 in DIgital, HMRC, small business, SME, tax | 0 comments

Making Tax Digital (MTD) New points based penalty model HMRC have been exploring changes to the penalty system for late submission failures under Making Tax Digital (MTD). They have now decided to adopt a points based model with the draft legislation expected in summer 2018. This will see the introduction of a system where late […]

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Tax Guide 2017/2018

Posted by on Aug 15, 2017 in HMRC, small business, SME, tax | 0 comments

Great news, our tax guide for 2017/2018 is online and can be downloaded here: Courtley West tax guide 2017 2018 If you have any questions or we can help you in anyway way, please don’t hesitate to get in touch.

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Changes to Making Tax Digital

Posted by on Jul 14, 2017 in DIgital, HMRC, SME, tax | 0 comments

We’re very pleased with HMRC’s announced changes to the roll-out of its Making Tax Digital scheme, which was due to go live from April 2018. The proposed scheme was far reaching and due to be implemented in a short timescale, however due to concerns from business owners, accounting professionals and software developers, HMRC have made […]

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Changes to the VAT Flat Rate Scheme

Posted by on Mar 31, 2017 in HMRC, Uncategorized, VAT | 0 comments

From 1 April 2017 the VAT Flat Rate Scheme will be changing for some small businesses. Currently the flat rates percentages range from 4% to 14.5% depending on the type of business. The new percentage is 16.5% and applies to businesses with low expenditure relative to their sales. The test is if the VAT inclusive […]

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Christmas and New Year Holiday Opening Hours.

Posted by on Dec 23, 2016 in Team News | 0 comments

  Merry Christmas! Just a note to remind you all that we’re closed for the Christmas period from the 24th December. We reopen on Tuesday 3rd January at 9am. Have a great Christmas and we’ll see you in 2017!        

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Axe the Tenant Tax – Buy-to-let mortgage tax relief setback

Posted by on Nov 6, 2016 in HMRC, tax | 0 comments

In October 2016, the group legally challenging the government’s decision to cut tax relief on buy-to-let loans, suffered a setback when their challenge was rejected by a judge advising that it was “bound to fail” and therefore should not proceed to court. The group is called “Axe the Tenant Tax” and was represented by Cherie […]

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HMRC – Making Tax Digital

Posted by on Oct 3, 2016 in cloud accounting, employees, employers, HMRC, SME, tax | 0 comments

  Below is a brief summary about the ‘Making Tax Digital’ consultations and proposals from HMRC.   HMRC’s vision is for businesses to be able to easier understand and manage their tax affairs. It wants to make greater use of the information that it already holds such as bank and building society interest to make […]

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2016 Budget Summary

Posted by on Apr 13, 2016 in HMRC, small business, SME, tax, Uncategorized | 0 comments

On 16 March 2016 George Osbourne presented his budget, the budget was followed by the publication of the finance bill on the 24 March. Here are the top key points affecting small business. Personal Allowance For 2017/18 the personal allowance will increase to £11,500 (2016/17: £11,000). The basic rate band will increase to £33,500 (2016/17: £32,000), resulting […]

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