by David Jones | Oct 26, 2023 | Business Tax
Electric cars are becoming ever more common on our roads, and having narrowly avoided been hit by one of these silent assassins (several times), I can concur that their numbers are rising rapidly. The biggest rise in ownership is by businesses, both large and small....
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 | Sep 7, 2023 | Business Tax, Corporate Tax Planning, Self Assessment
HMRC is keen to report how much tax it collects each year, as that is its mission – to collect “the right amount of tax” from each taxpayer. But HMRC is seemingly less keen on measuring how much tax it forgoes each year in the form of tax reliefs and allowances and...
by David Jones | Aug 24, 2023 | Business Tax, Opinion, Personal Finance, Tax Investigations
To paraphrase the late Paul Daniels, ‘Not a lot’. But before we get into the meat of today’s Blog, I think it might be helpful to specify exactly what a social media influencer is, as defined by the Influencer Marketing Hub (a leading online platform that connects...
by David Jones | Aug 17, 2023 | Business Tax, VAT
For the ordinary man or woman-in-the-street, the distinction between a drink and a beverage may seem purely academic, but this has actually generated a great deal of interest for both VAT experts and the Revenue, because the implications of just where the line is...
by David Jones | Aug 3, 2023 | Business Tax, Self Assessment, VAT
As it has now been four months since I’ve posted a Blog on some of the more interesting and sometimes bizarre questions asked by clients and readers of the Blog, here’s today’s selection: Why can’t I claim my VAT back? Do I have to charge VAT on my yacht? Is my bra...