Do I need to register for Making Tax Digital for VAT?

Nov 8, 2021 | Expenses

In the UK, if you are making taxable supplies and your turnover exceeds £85,000, you must register for VAT. In certain circumstances, even if your turnover has not exceeded the threshold, you can voluntarily register for VAT. From April 2019, most businesses (there...
Find a lost UTR

Find a lost UTR

Jun 26, 2021 | FAQ, HMRC, UTR

What is a UTR? A UTR is a 10-digit number Unique Taxpayer Reference. You will automatically be sent it when you: register for Self Assessment set up a limited company Where do I find my UTR? Your UTR will be on previous tax returns and any other documents received...
How to find your VAT registration date.

How to find your VAT registration date.

Jun 26, 2021 | FAQ, VAT

What to do if you have lost your VAT registration certificate.   In order to register for Making Tax Digital (MTD) or to authorise your accountant to file your VAT returns for you you will need to know your Effective Date of Registration for VAT. Whilst this can...

Business Support During The Coronavirus Outbreak

Mar 19, 2021 | Expenses, Information

We understand that many of our clients are concerned about their cash flow during the Coronavirus Covid-19 outbreak and so we have put together a brief summary of the support available. This is changing on a daily basis and so we will continue to update the...
Tax on Purchasing or Selling a Second Home

Tax on Purchasing or Selling a Second Home

May 12, 2019 | Information

Many people purchase a second property to let out either for long term lets or furnished holiday lets. Before you start it is important to be aware of the tax implications of owning a second home. Stamp Duty Land Tax You pay Stamp Duty Land Tax when you purchase a...