Monthly Archives: February 2013

Cash Based Accounting From 1st April 2013

In December 2012, the government announced that small businesses will be able to adopt a simpler tax system from 1st April 2013 or the 2013/14 tax year. It is available to self-employed individuals or partnerships carrying on the smallest trading … Continue reading

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VAT Registration Advice

It’s one number¬†(¬£77,000 from 1 April 2012), so why is it so easy to get it wrong with the compulsory VAT registration threshold in the UK. If your VAT taxable turnover (sales) total for the previous 12 calendar months exceeds … Continue reading

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Business Mileage & Home Office “Habitual” Start Point Journeys

After three Tribunal Hearings, the first of which was in October 2011, a self-employed consultant geriatrician has lost his long battle with HM Revenue & Customs (HMRC) over his business mileage claims. The First-Tier Tribunal (FTT) has decided that Dr … Continue reading

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