Tax Tips & News

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01/02/2020

February Tax Tips & News

Welcome to the Boyett Mayes Limited 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!

Loan charge repayments deferred
In September 2019, the government commissioned Sir Amyas Morse to conduct an independent review of the loan charge (the review). The review was published on 20 December 2019 along with the government's response, Read More...
 
CGT on cryptoassets
Cryptoassets are a relatively new type of asset that have become more prevalent in recent years. New technology has led to cryptoassets being created in a wide range of forms and for various different uses. Read More...
 
Increased NMW rates from April 2020
Some three million workers are set to benefit from increases to the National Living Wage (NLW) and minimum wage rates for younger workers from 1 April 2020. Read More...
 
VAT and Brexit
HMRC have not yet issued any guidance as to how imports and exports to the EU and out with the EU should be recorded for VAT return purposes after 31 January 2020, Read More...
 
February questions and answers
What items can be excluded from 'taxable turnover' for VAT registration purposes? Read More...
 
February Key tax dates
2 - Last day for car change notifications in the quarter to 5 Read More...
 
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Boyett Mayes Limited Accountants are based in Hampshire, offering local business owners and individuals a wide range of services.

All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website www.bml-accountants.co.uk for more information.

 

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