S R Lynn & Co·Blog

Unexpected repayment return: do you need to do anything?

Your business always pays VAT on its returns. The current period shows a repayment is due from HMRC. What checks should you do before submitting the return and how will HMRC deal with this unusual claim?

Articles

Is there a better option than the scale charge?

17th July 2024 by Joanne Stoneman

HMRC announced revised CO2 emission scale charge rates for private road fuel from 1 May 2024. But is there an alternative way of accounting for VAT on the private fuel used for your business vehicles?

Tax and NI planning for multiple directorships

16th July 2024 by Joanne Stoneman

You’re a shareholder and director of three companies. You currently take a low salary from each company topped up with dividends. But is this really the most tax-efficient option?

IHT exemptions - when and how to use them

10th July 2024 by Joanne Stoneman

Naturally, you want to keep as much of your estate as possible from HMRC’s coffers and so increase the amount your beneficiaries will receive. What simple steps can you take now to achieve this?

Showing Articles 22 - 24 of 160 Articles