Budget/Finance Bill 2014

Budget/Finance Bill 2014

As I am sure you are aware, George Osborne’s fifth Budget speech took place on 19 March 2014.  As with all Budgets in recent times there has already been much media coverage of the speech and various announcements made.  In addition, much of the Finance Bill content...
Property Repair & Maintenance Expenses

Property Repair & Maintenance Expenses

Repair means the restoration of an asset by replacing subsidiary parts of the whole asset. An example is the cost of replacing roof tiles blown off by a storm. There won’t be a repair if a significant improvement of the asset beyond its original condition results...
Property Repair & Maintenance Expenses

VAT Registration | VAT Advantages & Disadvantages

Should I Register For VAT? A common question amongst small business owners is whether or not they should register for VAT and what is the Vat Threshold? Hopefully this article will help you make up your mind about Vat registration and the benefits of this. Am I...
Property Repair & Maintenance Expenses

Capital Allowances on Fixtures

There are a number of capital allowance claims firms targeting businesses which have recently bought or sold commercial property. These ‘experts’ suggest the business needs to pay for a special survey to claim all the capital allowances they are entitled...
Property Repair & Maintenance Expenses

Dual employment Domiciled & Non domiciled

Duel Employment Contracts Where a person has an overseas domicile (usually because he was not born in the UK), and works overseas for part of their employment, it has been common practice to set up two parallel employment contracts for that person (duel contracts)....