Author: Tony Shackleford

Directors’ Liability From Insolvent Companies

Written by Tony Shackleford on February 14, 2022.

One of the major reasons for trading through a limited company, as opposed ot being self employed or being in a partnership, is that the owners / managers of the company are generally not liable...

Directors liability, Directors liability. Insolvency, Tax on insolvency

SSP Covid Reclaim

Written by Tony Shackleford on February 14, 2022.

Following the massive increase in the number of Covid cases since mid December 2021, the government has announced that SSP can again be recliamed from HMRC. SSP paid to employees who are absent...

Ssp, SSP Covid, SSP reclaim

Making Tax Digital (MTD) For Income Tax

Written by Tony Shackleford on November 3, 2021.

The government has recently published further guidance on the implementation of MTD for Income Tax, which is due to come into effect on 1 April 2021. All self employed and landlords having gross...

MTD, MTD for Income Tax, MTD transitional year

Making Tax Digital (MTD) Update

Written by Tony Shackleford on October 1, 2021.

In a recent government announcement, the implementation of MTD for income tax (which includes residential landlords) has been delayed until April 2024. The current timing of the MTD rollout is as...

MTD, MTD Income tax

National Insurance Contributions Increase

Written by Tony Shackleford on September 13, 2021.

From April 2022 National Insurance Contributions (NIC) will increase by 1.25% to finance health and social care. This increase will mean that employees NIC will increase from 12% to 13.25% for...

Dividend tax increase, NIC increase

IR35 Rules Relating to Employment Status

Written by Tony Shackleford on August 31, 2021.

The Department of Works and Pensions (DWP)as recently published its annual report and accounts. These included an item of expenditure for £87.9m paid to HMRC in tax year 20/21. The payment was in...

CEST, IR35

Proposed Changes To Tax Accounting Periods For The Self Employed

Written by Tony Shackleford on August 23, 2021.

With the introduction of Making Tax Digital (MTD) for the self employed, which is due to take place in April 2023, the government has indicated that accounting periods for the self employed may...

Self employed tax, tax base periods

VAT Changes for Sales on Amazon, Ebay etc

Written by Tony Shackleford on August 9, 2021.

From 1 July 2021 platforms such as Amazon and Ebay are responsible for ensuring that VAT is collected on sales of goods on their platforms. In simple terms, this means that when a buyer purchases...

Amazon VAT, Ebay VAT

Electric Company Cars Update

Written by Tony Shackleford on May 17, 2021.

For many years, due to the significant tax charges imposed, it has generally not been worthwhile for employees to have company cars. The tax regime for company vans is however much more...

Benefits in kind, Capital allowances on electric cars, company car tax, Electric cars

VAT on Dog Food – Why I Need an Accountant.

Written by Tony Shackleford on May 10, 2021.

Unlike solicitors or doctors, anyone can call themselves an accountant. Currently a significant number of accountants providing advice to taxpayers have no qualifications and are not regulated....

do I need a tax adviser, Do i need an Accountant, unregulated accountant, VAT on dog food

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Author: Tony Shackleford