by pau@pauweb.co.uk | Sep 16, 2019 | VAT
My client recently purchased an empty 3 bedroom bungalow that hasn’t been lived in for 4 years. He intends to spend £30k extending and refurbishing the property into a 4 bedroom house, which he and his family will move in to. He has the skill set to do some of the...
by pau@pauweb.co.uk | Aug 13, 2018 | VAT
Q: I have to frequently stay in hotels when I’m on business trips. The hotel takes a deposit at the time of booking with the balance of the cost paid over when the stay takes place. Sometimes my plans, or those of my customers change and I have to cancel the...
by pau@pauweb.co.uk | Jul 30, 2018 | VAT
Q: I have a small manufacturing business and all of my trade is with the EU. With Brexit on the horizon, how will this affect the business? A: Unless all member states agree to an extension, the UK leaves the EU on 30 March 2019. The UK intends to leave the EU...
by pau@pauweb.co.uk | Jun 18, 2018 | VAT
Q: I am a landscape gardener and have recently purchased a Nissan Navara double cab vehicle to use for my work. There will be some private use as well as business use. I had thought this might qualify as a commercial vehicle rather than a car, although I am feeling a...
by pau@pauweb.co.uk | May 18, 2018 | VAT
Q: I joined the Flat Rate scheme on 1st January 2016. I am a sole trader carpenter and have a flat rate of 14.5%, but also run a small DIY shop part time. The shop was previously only open four days per week but the business has expanded, and from March 2018 the shop...
by pau@pauweb.co.uk | Apr 20, 2018 | VAT
Q: Is it true that HMRC have a Task Force actively looking into restaurants, cafés, take-aways and similar businesses. What, if any, potential issues do I need to be aware of? A: HMRC do have Task Forces across the UK targeting cash businesses, and in...
