Daniel has been shortlisted by the Northern Society of Chartered Accountants (NorSCA) for the Presidents’ Award Professional Stage; he will find out if he has won at the Northern Society Business & Awards Dinner, which is taking place on Friday 11 October at the Civic Centre in Newcastle Upon Tyne. The Northern Society of Chartered…
Category Archives: Blog
25
Sep
Sep
In an earlier blog we reported that hospital doctors and GPs were lobbying the government to amend the pension tax rules as the current system of restricting tax relief on pension contributions means many doctors paying almost all of the extra salary back in tax if they take on additional responsibilities or work additional shifts….
22
Sep
Sep
HMRC are being urged to provide clarity and consistency on the tax treatment of commercial vehicles such as VW Kombi Vans marketed as goods vehicles. The need for clarity follows the ruling in an important tax tribunal case involving “vans” provided to employees of Coca Cola. The court has upheld the HMRC view that certain…
16
Sep
Sep
The decision in a recent tax tribunal case reminds us that directors and other company officers may be personally liable for VAT penalties of their company. The recent case involved a penalty for late registration for VAT where the threshold had been exceeded. Three conditions must be satisfied before the liability for a penalty payable…
11
Sep
Sep
A number of clients have contacted us over the last few days to report they have received automated voicemail messages purporting to be from HMRC. In one instance the message said the recipient had committed tax evasion. Fortunately they put the phone down and contacted us. One of our tax team advised them to ignore…
09
Sep
Sep
As you may have heard, HMRC on Friday 6th September decided to defer the introduction of the CIS Reverse Charge for VAT until 1 October, 2020 – a full 12 months deferment. For this reason, we have decided to reschedule the event until mid-2020. Visit http://saint.co.uk/events nearer the time for details of when and where.
26
Aug
Aug
A recent case before the tax tribunal saw the liability for a late VAT registration penalty being passed on to a manager of the company. HMRC have the power to impose such a penalty on an individual where (1) there is a penalty payable by the company for a deliberate failure (2) the individual on…
21
Aug
Aug
The Office of Tax Simplification (OTS) have undertaken a detailed review of Inheritance Tax (IHT), which is perceived by many as a complicated tax. The government normally takes account of OTS recommendations and their report is likely to lead to future changes to the rules. We will keep you posted as the changes may necessitate…
14
Aug
Aug
Due to continued expansion, Saint & Co (Penrith Office) are looking for a full-time enthusiastic individual to join our rapidly growing accounts team. The role will involve accounts production (both limited and non-limited) ready for review by senior staff and / or bookkeeping / management accounts preparation. Experience is essential. Xero / Sage / Quick…
08
Aug
Aug
Due to continued expansion, Saint & Co (Carlisle Office) are looking for a part-time (22.5 hours per week) hard-working, enthusiastic individual to join our rapidly growing tax team. The role will involve the preparation of all aspects of individual and partnership tax returns. Previous experience is preferred however consideration would be given to someone who…
