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In: Tax Updates

Changes to construction industry VAT October 2019 featured image of a builder
UPDATED Changes to construction industry VAT effective from 1st of October 2019
9th September 2019

UPDATED HMRC announced on 6th September 2019 that the implementation of the reverse charge would be delayed. They stated that “Industry…

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Changes to Capital Gains Tax payments Effective from April 2020
5th August 2019

New rules from HMRC will mean that buy-to-let landlords and second homeowners will have to make capital gains tax payments sooner…

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How To Get Your SA302 Tax Calculation 2019
29th July 2019

What is a SA302 tax calculation? An SA302 is a response from HMRC which is only issued to those who file…

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A research who could benefit from R&D Tax relief
Can you claim R&D Tax Relief?
12th July 2019

Most eligible Business Owners Are Not Aware That They Can Claim R&D Tax Relief According to recent statistics, 51% of British…

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R&D Tax relief header image of a pin board
What is R&D Tax Relief And Am I Eligible?
12th July 2019

What is R&D Tax Relief? R&D tax relief supports companies that work on innovative projects in science and technology. It can…

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ATED article header image of a house and keys
ATED and the ATED-related CGT Charge
4th July 2019

What is ATED? First implemented on the 1st April 2013, the annual tax on enveloped dwellings (or ATED for short) is…

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Why purchasing a vehicle on Hire Purchase is the most tax efficient option
3rd July 2019

Hire Purchase (HP) agreement is the most tax-efficient option when it comes to the purchase of any equipment, including cars and…

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CIS Tax Advice
28th June 2019

The construction industry is a specialist sector, and as such, it has its own unique tax codes and laws that need…

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Information Needed to Complete a Personal Tax Return
26th June 2019

We realise that the tax year seems to come around too quickly, and in January – we’re on lockdown trying to…

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SA302 Tax Calculation image
VAT Record Keeping
11th June 2019

If you’re a VAT registered business, you can reclaim VAT paid on your purchases, but you’ll need to obtain the right…

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Important Updates For Employers & Employee’s – April 2019/2020
9th April 2019

There are several payroll updates we must share with you this month, most notably: Directors Salary Increases If you’re a Director…

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If you only read one more thing about Making Tax Digital, let it be this…
5th April 2019

Making Tax Digital is finally here. Which means accounting records must be kept digitally and VAT returns need to be submitted…

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tax cut
Dental Practice Owners Guide to Tax (don’t pay more than you need to)
3rd April 2019

No matter how your dental practice operates, whether as a limited company, partnership or a sole trader, tax is one of…

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Making Tax Digital Header image of a computer
What is ‘Making Tax Digital’ and how will it affect my business?
1st April 2019

You may have heard the term ‘Making Tax digital‘ being thrown about recently. Perhaps from your accountant, or online. But what…

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It can be hard to find something good to say about HMRC – but we think we’ve found something really cool
4th March 2019

HMRC have produced an app! You might find it really helpful if:  You are PAYE employed (includes directors) You receive tax…

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What is Enterprise Investment Scheme (EIS) and how can it help me?
22nd February 2019

Thinking of investing in something interesting? Have a great fledgling business but struggling to raise finance? You might have heard of…

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Weird & wonderful excuses for not filing your tax return on time.
1st February 2019

As the deadline for submitting returns and paying tax for 2017/2018 has just gone flying by, HMRC reveals some of the…

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EU VAT
EU VAT when UK businesses store goods in an EU country
20th November 2018

EU VAT is a bit of a minefield and will no doubt change next March but the current situation is as…

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Mike Hutch at The Peloton illustrating if dental associates should be a limited company
Should an Associate Dentist be a limited company?
2nd August 2018

Should I operate my Associate dental activities through a ltd company? This is a big question that we’re often asked by…

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Is it the end for self employed associate dentists?
30th July 2018

This cage was rattled a few weeks ago when HMRC first contacted a number of dentists potentially challenging their self-employed status….

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Peace of Mind – What Price?
26th July 2018

That Letter I imagine it’s every taxpayers’ nightmare…when that HMRC branded envelope drops on the mat only to reveal you are going to have…

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Making Tax Digital is upon us – is my business ready?
5th February 2018

You may have heard the term ‘Making Tax Digital’ being thrown about recently. Perhaps from your accountant, or online. But what…

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Making Tax Digital
Making Tax Digital – what do I need to know and do
31st January 2018

What is Making Tax Digital? Making Tax Digital (MTD) is part of the government’s plan to make it easier for businesses…

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Important Information about Changes to Paying HMRC
1st November 2017

HMRC are making some changes to the ways customers can make payments. The pay at the Post Office service will be…

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Should I register for VAT?
23rd October 2017

The Basics: VAT stands for Value Added Tax. It is collected at any time value is added to a product. Normally…

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Autumn Statement Summary
24th November 2016

Philip Hammond delivered his first Autumn Statement as chancellor in yesterday’s parliament. He has said the Brexit vote underlined the “urgent”…

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R&D Tax Relief – What’s what?
20th September 2016

The Research and Development tax credit scheme (for SME’s) is an HMRC incentive designed to encourage innovation and increased spending on…

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Digital Tax Returns Image of Tom holding a chalkboard
The End of the Annual Tax Return is Nigh…
12th September 2016

A Digital Era – Digital Accounting Records to be Compulsory The recent budgets will no doubt have faded into distant memory…

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How to stay money savvy with Airbnb.
2nd June 2016

Founder Mike Hutch has distilled some top tax tips to look out for when using Airbnb as a host. I don’t…

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new-tax-year-chalkboard
New Tax Year – New Chalkboard
18th April 2016

As you may or may not know, we’re a big fan of the humble chalkboard at The Peloton, you can see…

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