Making Tax Digital (MTD) Due to be launched in April 2019, will cost businesses around £37 million per year, according to HMRC’s latest estimate. Interestingly, HMRC also say that Making Tax Digital will generate around £1 billion per year in ... [Continue Reading]
Saving VAT on your buy to let
You are intending to invest in a residential property with the view to buy to let. You’ve decided on a property that needs a fair amount of work done to it. Is there an opportunity to pay less VAT? Buy to let businesses Changes to the tax rules ... [Continue Reading]
Choosing a company name
The guidance and main requirements for choosing a name for incorporating a company in the UK is set out at Companies House. If you are unsure or would like to discuss any part of your business, Central Business Services can help you. Companies ... [Continue Reading]
Focus on your skills
Do you try to improve on skills and tasks you aren’t good at or don’t have the aptitude for? Maybe that’s the wrong approach. If you are a top class football Striker why should you learn to be a Goalkeeper? If you are a rugby Fly Half, do you ... [Continue Reading]
Annual Accounting for VAT
As the name suggests, VAT annual accounting is an HMRC scheme, that allows you to submit a single VAT return each year instead of the usual four. Although this may seem appealing it is important to know that by going into the scheme, you will ... [Continue Reading]
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