Archive for Tax Accountant

Making the most of your Annual Capital Gains Tax exemption

The end of the tax year fast approaches and if you do not utilise your Capital Gains Tax (CGT) annual exemption by 5 April 2010 then, it could, one day, cost you thousands of pounds in tax. How can you avoid this? Let us at Accountancy Services Direct take you through some options.
To sell or [...]

Nil penalty for late tax returns

It’s been a busy time here at Accountancy Services Direct, with al the tax returns we have been completing. Did you manage to get your tax return completed in time?
If you were late with your 2008/09 self-assessment tax return, you will soon be receiving a notice from HMRC charging you a £100 penalty.
But, if you [...]

Higher Rate Tax Dodges for Investors

In just two months time some of you will be facing income tax rates of up to 60%!!! Tax boffins have been inventing some pretty complex schemes to avoid these but are there some simple steps you could be taking now? In this artice Accountancy Services Direct takes you through some options.
Solution
To avoid being caught [...]

Trading with overseas businesses? Are you ready for the changes to the Cross-border VAT rules? 1 January 2010 is VAT day, VAT part 3

The third instalment of the Accountancy Services Direct VAT update sheets deals with overseas trading.
If you supply goods or services to overseas businesses, other EU countries or you reclaim VAT incurred in another EU country then you need to know about the changes to Cross-border trading VAT rules which take effect from 1 January 2010.
The [...]

Are you ready for the VAT changes? 1 January is coming fast!

There is one main thing happening on 1 January 2010 and that is VAT!
VAT is having an update and we are going to look at a few key areas.
This part will deal with the rate changes.
The VAT rate is reverting back to 17.5% from 1 January 2010.
There are some anti-avoidance rules to be aware of, [...]

HMRC online

We at Accountancy Services direct are really pleased to see the the HMRC is moving forward and using many if the online social media services to get their message ‘out there’.
Check out the story here http://news.bbc.co.uk/1/hi/business/8337699.stm from the accountancy services news section of the BBC website.
And of course if you are interested in social media, [...]

Accountancy Services Direct’s Business Owners Inside Guide To VAT

Many of the questions our clients ask us at Accountancy Services Direct relates to Value Added Tax. Value Added Tax (VAT) is the most common form of tax as it is charged on most goods and services provided by UK VAT registered businesses.
It is also charged on goods and some services (even accountancy services!) [...]