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07 May 2015

What is the VAT Mini One Stop Shop (VATMOSS)?

on Thursday, 07 May 2015.

On 1 January 2015 changes were made to the place of supply VAT rules for businesses providing digital services to non-business customers based in other EU countries.

This month’s Q&A looks at which types of business are affected by the new rules and how to account for VAT liabilities in other EU countries using VATMOSS.

29 January 2015

Personal number plates: Can tax relief be claimed

on Thursday, 29 January 2015.

Some businesses may wish to buy a personal number plate to go on a company vehicle, but will this attract any tax relief?

This month’s Q&A looks at how personal registrations are treated for tax purposes, and how best to claim relief.

15 January 2015

Inheritance Tax: How do I transfer my spouse's unused nil rate band?

on Thursday, 15 January 2015.

Since October 2007 it has been possible to transfer any unused Inheritance Tax nil rate band from a late spouse or civil partner to the second spouse or civil partner when they die.

This month’s Q&A looks at how a transfer of unused nil rate band can increase the Inheritance Tax threshold for the surviving spouse from £325,000 to as much as £650,000 in some cases.

20 November 2014

When is a car a pool car?

on Thursday, 20 November 2014.

With company car tax becoming increasingly expensive, we are often asked if this can be avoided by running a pool car instead.

This month's Q&A explores the tax and VAT benefits of running a pool car, and the strict qualifying conditions you'll need to meet.

20 November 2014

What is the self-build VAT scheme?

on Thursday, 20 November 2014.

Ever thought of building your own house? Or converting a building into a home? If you do then specific VAT rules allow you to reclaim the VAT on many of the building costs.

This month's Q&A explores how the DIY housebuilders scheme works, how a claim is made, and which costs VAT can be reclaimed on.
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Alderton Road, Towcester
Northants, NN12 7LS

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