The Annual Investment Allowance (AIA) is a great help to businesses. The basics are that you get a 100% allowance on any qualifying capital equipment purchases when calculating your taxable profits. At the present the allowance is £500,000. This is due to drop significantly to £25,000 from 31 December 2015. Due to this change it [...]
We have another new team member at Cameron Alexander. Jade is an AAT qualified accountant who is continuing her studies to qualify as an ACCA accountant. Jade joins us with nearly 5 years’ experience looking after owner managed businesses. Jade has experience in accounts production, tax,VAT, payroll and bookkeeping. When Jade is not working, she is [...]
HMRC are starting their business record checks again. HMRC will be sending out letters to business’ advising them that HMRC will be in conatact via the phone. Questions will be asked to assess if adequate records are being kept. As of 26 November HMRC will start visiting small and medium-sized businesses in London and [...]
Many of you may be aware of the Enterprise Investment Scheme (EIS) and have benefited from using the scheme. From 6th April 2012 there is a new scheme to run alongside the EIS and Venture Capital Trust (VCT) schemes. It is targeted at investments in smaller companies (for assets under £200,000, less than 25 employees), [...]
Have you ever received an email from HMRC stating that you have a tax refund due to you? If you have, we are sorry to tell you but it is not real! The HMRC will never contact you about tax refunds via an email. Unfortunately, many people have been caught out by these email scams over [...]
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