Tax Bulletin April 2021
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Budget Bulletin March 2021
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Read MoreTax Bulletin Feb 2021
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Read MoreChanges to VAT – Domestic Reverse Charge for Construction Services (DRC)
On 1st March 2021 the way to account for VAT in the construction industry will change when the domestic reverse charge (DRC) is introduced. Reverse Charge The reverse charge rules can be confusing. Currently a subcontractor, if they are VAT … Read More
How Obsolete Stock can Benefit you
Here’s a way your company can save tax at 19% instead of 17% The current rate of corporation tax is 19% and will be dropping to 17% in 2020. This means that if you can find a way of … Read More
You’ve got some great team members. How do you reward them and incentivise them without the taxman taking his demoralising, large slice?
Wouldn’t it be great if you could do something extra to motivate and retain the key members of your team? Something to give you the edge over your competitors and, at the same time, avoid paying tax and National Insurance. … Read More
Is there any way I can reduce the tax I have to pay at the end of the month?
Is there any way I can reduce the tax I have to pay at the end of the month? January 31st is less than three weeks away and, I guess, you’ll have some income tax to pay! Here at Styles … Read More
What can I do before my company’s year-end to save tax?
Most UK companies currently pay tax at the rate of 19%. It’s not been as low as this for many years. In fact, I cannot remember it being any lower. With this in mind, it’s always worth remembering that, with … Read More
How will a modified opinion in my charity’s audit report impact me, as a trustee?
Following the collapse of Kids Company, new rules were drafted which recommended improved guidance for auditors on reporting to regulators. Key among the changes was an extension to the list of reportable matters to cover modified opinions, such as emphasis … Read More
Can I buy a van on HP and still get tax relief?
This is often a question that our clients ask when they are considering purchasing a van for their business use. The options available when buying a van include outright purchase, leasing, bank loan or hire purchase (HP). The good news … Read More