Source: HM Revenue & Customs | | 13/11/2014 Now is the time that many businesses are preparing for Christmas parties for staff as well as for customers and prospective clients. VAT incurred on Christmas parties for staff can be recovered subject to the usual rules. If staff...

Source: HM Revenue & Customs | | 13/11/2014 There are special rules that determine the recoverability of VAT incurred before a business registers for VAT. This type of VAT is known as pre-registration input VAT. There are different rules for the supply of goods and supply...

We keep you updated We provide our clients with regular updates on changes in taxation regulation, news from the world of accounting and, of course, information about the latest developments at Baker Morris Chartered Accountants....

Annual Tax on Enveloped Dwellings (ATED) The ATED came into effect on 1 April 2013. The tax is payable by certain non-natural persons that own interests in dwellings valued at more than £2 million. This provision affects certain companies, partnerships with company members and managers of...