Blog – Page 5 – Sutton Coldfield Accountancy

Tax on Double Cab Pickups

Written by Tony Shackleford on February 16, 2024.

As a result of the CocaCola case from 2021, which related to VW Transporter vans with 2 rows of seats, vans with 2 rows of seats were treated as cars. The treatment of theses vehicles as cars...

coca cola case, double cab pickup, van benefit in kind

Is HMRC Fit For Purpose

Written by Tony Shackleford on February 15, 2024.

Over the last year it has become apparent to many accountants that the quality of the service provided by HMRC has been declining significantly. The decline in the quality of servoice would appear...

HMRC

McVitie’s biscuit VAT case

Written by Tony Shackleford on January 30, 2024.

There has been yet another VAT involving case whether something which is edible by humans is food for VAT purposes. Food is zero rated but confectionary is standard rated for VAT. This case...

Vat, VAT on biscuits

Walkers VAT Case

Written by Tony Shackleford on January 26, 2024.

Many people have heard of the Jaffa cake VAT case, which concerned whether a jaffa cake was a biscuit or a cake. The importance of the issue was that if it was a cake, then no VAT would need to be...

Poppadoms, Vat, VAT on Crisps, VAT on poppadoms

Making Tax Digital Update

Written by Tony Shackleford on January 5, 2024.

VAT registered businesses are currently caught by the Making Tax Digital (MTD) regime. The current plan is for the self employed or those having gross rental income of more than £50,000 per year to...

Making Tax digital, MTD

National Living Wage Increase

Written by Tony Shackleford on November 27, 2023.

The government has recently announced that the National Living Wage for 21 years olds and above will increase to £11.44 from April 2024. This represents a 9.7% increase in the Naational Living Wage...

National living wage

High Income Child Benefit Charge

Written by Tony Shackleford on November 20, 2023.

The High Income Child Benefit Charge (HICBC) is a mechanism for high earners to have to repay Child Benefit they receive. Where one spouse has income in excess of £50,000 per year, Child Benefit...

Child Benefit, High Income Child Benefit Charge

Student Loan Repayments

Written by Tony Shackleford on November 16, 2023.

HMRC receently announced that certain taxpayers who have student loans have overpaid their student loan deductions. The errors is in respect of approx. 16,000 taxpayers who submit self assessment...

HMRC, Student loan deductions

VAT For On Line Traders

Written by Tony Shackleford on November 7, 2023.

The current regime as regards VAT for online traders, is that where a trader in non-uk based, the online platforms (Amazon Ebay etc) are required to collect UK VAT on the sales made on their...

Amazon VAT, Vat

HMRC Enquiries

Written by Tony Shackleford on October 26, 2023.

HMRC have increased ther number of staff employed in it compliance section by 12%. This has been done in order for the number of tax qnquiries to retuurn to the pre Covid level.

HMRC Enquiries

Call us on 0121 448 7466 for a free meeting