HMRC and IR35

HMRC has announced change to the off-payroll working rules which come into effect this April.

VAT, yachts and motorhomes

Some of the Bedrock team are rather partial to motorhomes, and indeed boats, so a recent CJEU (Court of Justice of the European Communities) judgement relating to the VAT treatment of caravan sites and harbours caught our eye.

Is your business VAT registered?

It’s easy to get caught out by the VAT registration threshold if you’re operating a relatively new business. When starting up your business the thought of reaching a threshold of £85,000 may have seemed a distant dream but you’d be surprised how quickly you might have got there.

Capital Allowances in pictures

Sometimes it’s easier to follow how a piece of legislation works visually rather than in words so we thought we’d revisit our Capital Allowances infographic.

Manufacturing company benefits from R&D claim

Our R&D specialist has been working with a manufacturing company and has managed to secure them circa £100k to 125k of corporation tax savings each year by making successful R&D Tax Credit claims.

Cycle to work tax benefits

The ‘cycle to work’ initiative has been around for a while as it was introduced by the government back in 1999 but continues to this day.  It’s a useful tax exemption that can motivate employees to get fit by cycling to work.

Our holiday opening hours

It’s not long now till Christmas and we’d like to say a big thank you for your continued support this year. We use the time between Christmas and New Year to ensure that all our team get a proper rest so they can come back fully charged to deal with your tax queries. The Bedrock […]

Christmas and trivial benefits exemption

In the run up to Christmas it’s worth knowing about the trivial benefits exemption rather than the game trivial pursuits! It allows employers to ignore benefits in kind that cost £50 or less for tax purposes, as long as the conditions of the exemption are met. Where the exemption applies the benefit does not need to be reported to HMRC.