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From Oct 01, 2019, VAT-registered subcontractors in the building trade are no longer allowed to charge VAT to VAT-registered contractors. Note that the end-user customers you provide services to are not affected so you must carry on charging them VAT. THE following list shows what the new invoices issued to VAT-registered contractors from Oct 01, … Continue reading
Know The Gift Tax Rules. Be wise. If, as the boss, you pop into Waitrose and buy five £25 bottles of rum to give to each of your employees, be sure of the reasons (for tax purposes). If you take them into the office and say “Ladies and Gents – we’re hitting targets so here’s … Continue reading
Phoenix Debola 