Tax Tips & News

01475 720202

hen.co.uk

01/11/2013

November Tax Tips & News

Welcome to the Henderson & Company Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

Using the SEIS
The seed enterprise investment scheme (SEIS) is designed to help small companies raise modest amounts of funding (up to £150,000). The investor must subscribe for new shares issued by the company (not buy them from another shareholder), and in retur Read More...
 
Earn-out Payments on Business Sales
When you sell a business, you may receive some of the consideration up front and another payment later if the business meets certain targets, that later payment is called an 'earn-out'. How this earn-out is taxed can be tricky to work out, as it depend Read More...
 
VAT and Indirect Exports Change
When you export goods to a country outside the EU the goods are 'zero-rated' for VAT purposes, which means you do not apply VAT to the value of the goods. However, you need to have the paperwork to prove that the goods left the UK. If your customer does Read More...
 
New RTI Messages
Real time information (RTI) is all about one-way communications with HMRC. Your payroll software sends reports (called FPS or EPS) to HMRC about the deductions made from your employees' pay, and normally you hear nothing back. That is starting to change Read More...
 
November Question and Answer Section
Q. After purchasing a residential property to let, I spent a considerable amount on kitchen refurbishments and a new central-heating boiler, before letting it for the first time. Can I claim those costs against the rents for tax purposes? A. It depends Read More...
 
November Key Tax Dates
2 Last day for car change notifications in the quarter to 5 October - Use P46 Car Read More...
 
About Us

Henderson & Company Accountants are based in Inverclyde, offering local business owners and individuals a wide range of services.

All clients can expect competitive fees, work delivered on time and a high quality service. Visit our website hen.co.uk for more information.

 

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