ABG

Help is at hand for small and medium-sized business feeling the squeeze as the Government has extended the Recovery Loan Scheme (RLS) for a further two years

Instead of guessing what classes as an allowable business expense, this guide will help you determine what is and isn’t claimable from HMRC.

Did you know that you might be able to claim tax-free help towards your childcare costs and that this might be available via the Government’s tax-free childcare scheme?

Did you know that ABG offer all eligible clients the opportunity to protect themselves against our fees should HMRC select them for a tax investigation?

VAT accounting is all about choosing the right scheme for you.  In this blog post we take a look at the various ways a business can account for VAT as well as the benefits and disadvantages. 

More than half of cryptocurrency investors admit that they have limited or no understanding of capital gains tax (CGT) and the associated tax liability on crypto transactions.

Following the review of R&D tax reliefs launched by the Chancellor in his 2021 Budget, the Government has this week announced several changes which will apply to the UK’s Research & Development Tax relief rules for accounting periods beginning on or after 1 April 2023. 

We are regularly asked by business owners about the VAT Flat Rate Scheme.  VAT is a complex area of tax but the most regularly asked question is whether the VAT Flat Rate Scheme would work for their business?

HMRC are currently writing to individuals who they think may owe UK tax due to ‘offshore’ income and/or gains.   This includes individuals who have both UK and India tax affairs. 

The second self-assessment payment on account for the 2021/22 tax year must be made by 31 July 2022. You may be able to adjust the amount that you pay if you have already filed your 2021/22 tax return. If you are going to struggle to make the payment, you may be able to pay in instalments.