by David Jones | Oct 12, 2023 | Business Start-up, Business Tax, Tax Investigations, VAT
Last week, VAT specialists VATCalc revealed that the number of UK businesses registering for VAT dropped by over 40,000, the first drop in registrations since 2011. This was surprising, as most experts in the field expected the number to rise, especially as the VAT...
by David Jones | May 19, 2022 | Business Regulation, Business Start-up, Business Tax, Opinion, Payroll Services, Tax Investigations
Before I go into the detail of this case, I think it helpful if I explain exactly what long-firm fraud is. Action Fraud, the UK’s national reporting centre for fraud, defines long-firm fraud as when dishonest individuals set up what’s an apparently legitimate...
by David Jones | Nov 18, 2021 | Business Start-up, VAT
There are many reasons why a business might need a VAT Number quickly, whether it be a single self-employed trader or a larger limited company. It might be because the business experiences a larger than expected sales increase or perhaps they’ve picked up an export...
by David Jones | Jul 22, 2021 | Business Regulation, Business Start-up, Business Tax, Personal Finance, Self Assessment
As it’s been three months since I last posted a Blog on the many questions asked by correspondents to our website and by existing clients, I thought it time to share with you a handful of the more interesting questions I’ve received in recent weeks, which...
by David Jones | Jun 10, 2021 | Business Start-up, Opinion, Personal Finance, Self Assessment, VAT
The business of buying and letting property can be a complicated one; especially as any decisions made on the basis of the tax payable, could well change at various points in the property business life-cycle. There are a number of potential pitfalls to trip-up the...
by David Jones | Sep 26, 2019 | Business Start-up
Life can be incredibly lonely as a sole trader and these anxieties are often significantly exacerbated by the long working hours and clients who are unappreciative of what you do for them. So today I’m going to share with you a recent conversation I had with a client...