Crowdfunding is a way of raising money by asking a large number of people each for a small amount of money. Although it’s a relatively new concept, it’s fast becoming one of the most popular ways to start up a business. At present, the government have yet to introduce any special tax rules to accommodate … Continued

The VAT Flat Rate Scheme

Recent changes to the Flat Rate Scheme and the special VAT rate have left many asking if their VAT bill is likely to go up or down… FRS basics Any type of business can use the Flat Rate Scheme (FRS) as long as their business’ annual turnover for the preceding twelve months is no more … Continued

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Taking on the new Tax Year – looking to the future

Accountants and clients alike can share a sigh of relief as we reach the tax year-end, accounts are filed with HMRC, and everyone is ready to take on the new tax year with renewed energy and strength.   As we start the new tax year, it is important that clients reflect and take a fresh … Continued

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