S R Lynn & Co·Blog

Could HMRC incorrectly withdraw you from annual accounting?

Your business can only use the annual accounting scheme (AAS) if its annual sales are below certain limits. Is there a risk that HMRC could wrongly instruct you to leave and, if so, what can you do about it?

Articles

Self Assessment Basis Period Reform

5th May 2023 by Joanne Stoneman

From 2024/25, all unincorporated businesses will have to report their profits using a tax year basis period.

New Fuel Scale Charge Flat Rates Apply From 1/5/2023

3rd May 2023 by Joanne Stoneman

The fuel scale charge is one option for accounting for VAT where an employer pays for fuel costs and there is a mix of business and private use. The figures you have to use will change from 1 May.

April/May 2023 Newsletter

2nd May 2023 by Joanne Stoneman

Please see available for download, our April/May newsletter...

Showing Articles 136 - 138 of 207 Articles