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]
VAT and loyalty scheme for your customers
You are thinking of creating a point-based loyalty scheme for your customers. You’ve decided on the terms and conditions for the scheme, however the VAT consequences are a little worrying. How should you tackle them? Repaying loyalty Most of ... [Continue Reading]
Couples pay too much tax
Did you know that over one million couples pay too much tax. Therefore as part of our tax reduction process, we routinely check to see if couples are eligible for the Marriage Allowance. This is where part of an individual’s personal allowance can ... [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]
