Bedrock is fast becoming a “go to” hub for accountants looking for support in delivering R&D tax relief services. We take a different approach to working with accountants to ensure all potentials to claim are explored and a robust claims preparation service is delivered.
From September 2019 HMRC will have new rules for adjustments to VAT following increases or reductions in the price of goods or services.
As part of its efforts to encourage us all to choose more environmentally friendly ways to travel the Government has put in place some beneficial tax arrangements for users of electric cars.
Take care when disposing of an asset to family members as there are rules and exceptions and particular care needs to be taken to avoid falling foul of them.
Some small businesses can choose to use the ‘cash basis’ when calculating taxable income, under which participants are taxed on the basis of the cash that passes through their books, rather than being asked to undertake complex and time-consuming calculations designed for big businesses.
If you have an entrepreneurial spirit and are starting a business, tax is often the last thing on your mind. Here we set out some of the things that need to be considered from a HMRC tax perspective
Over 15% of the working UK population is self-employed and uses HMRC’s Self Assessment system to pay their tax bill. Such taxpayers need to be aware that they are now expected to make twice yearly ‘payments on account’ to their tax account, and the next deadline is coming up very soon at the end of July.
Does your company develop video games? Is it responsible for the majority of the planning, design, development, testing and production of video games? If it is you might be eligible for the government’s Video Games Tax Relief scheme (VGTR).
If a member of staff regularly visits other offices or is seconded to a different workplace they maybe able to benefit from claiming tax free travel expenses.
When it comes to taxing rental income, not all properties are equal. Different rules apply to properties which meet the definition of ‘furnished holiday lettings’.