HMRC is sending letters about MTD (Making Tax Digital) to all businesses in the Loughborough area which are registered for VAT and have a turnover in excess of the VAT threshold of £85,000. The letter is basically saying that MTD is coming and your ... [Continue Reading]
Budget summary 2018
Phillip Hammond has delivered his third budget as Chancellor. What does the budget mean for you? Personal taxation and wages National living wage will be increased by 4.9%. It will go from £7.83 to £8.21 an hour in April ... [Continue Reading]
VAT and catering
Are you Confused about VAT on your sales? You are not the only one. The rules surrounding food and catering can be tortuous, especially if you have only registered recently and therefore new to the regime. Here at Central Business Services we can ... [Continue Reading]
We’re Living in a digital world
Central Business Services is no stranger to this digital world we now live in. Digital & Cloud technology has brought substantial improvements to the way we work, freeing up more time to provide advice and support, with the intention of ensuring ... [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]
