New changes to the Flat Rate VAT scheme

Effective from 1st April 2017, the government has announced new changes to the Flat Rate VAT scheme.  The VAT flat rate scheme used to be perceived as the easiest VAT scheme. Many small businesses rely on this scheme for record keeping since it takes a simple...

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Get Paid for Being Innovative

Most companies do not know that they could claim tax relief of up to a third of their R&D spend Less than 2% of eligible companies, claim R&D tax reliefs. You could get thousands of pounds back.  See our Frequently Asked Questions: How does...

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Mortgage Interest Tax Relief

Mortgage Interest Tax Relief This had ceased for homeowners over 15 years ago, but landlords continued to receive it allowing them to deduct costs incurred when calculating the tax paid on rental income - of which a large portion was mortgage interest payments. The...

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Brexit and U.K Trade

Will Brexit affect trade with the United Kingdom? The U.K’s global and European role following the Brexit referendum has been subject to much debate with, public reaction polarised between anxiety and optimism. For businesses however the U.K continues to be a great...

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Pension Auto-Enrolment

The United Kingdom faces the economic challenge of an ageing society and increasing pensioners to support its working population. There were three people of working age for every pensioner in 2010, but by 2050 this projected to be just two and it is also calculated...

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