Monthly Archives: December 2016
Do not have a fake Christmas
The Intellectual Property Office has issued a video setting out the dangers of buying counterfeit goods this Christmas. They say: Counterfeiting can be defined as the manufacture, importation, distribution and sale of products which falsely carry the trade mark of … Continue reading
What taxes are payable if you set up in business
The answer to this question depends, in the first instance, on the business structure you select. If you run your business as a sole trader, or in partnership with another person, you are deemed to be self-employed. Partnerships also include … Continue reading
The Land Registrys free property alert service
This service helps people to detect fraudulent activity on their property by sending them email alerts when there is certain activity on the property being monitored, such as a mortgage being taken out against it. The recipient can then decide … Continue reading
Changes to the VAT Flat Rate Scheme
As we have noted in previous blog postings, Philip Hammond announced a significant change to the VAT Flat Rate Scheme (FRS) from 1 April 2017. To join this scheme, businesses need to have turnover excluding VAT of under £150,000. VAT … Continue reading
Carry back gift aid donations
For a number of years, it has been possible to make gift aid donations and carry them back to the previous tax year. This is a useful tax planning facility if earnings were higher in the previous year, and in … Continue reading