Blog Archives

HMRC Credit Card Changes – what to do about it

As of 31st January 2018 HMRC credit card changes come into effect. That means you can no longer use your credit card to pay for income tax, NI or VAT. However, debit cards and corporate credit cards will still be

Posted in Uncategorized

Accountants in Ilford

Posted in Uncategorized

Commercial Debt Management – Using the Law Effectively

Commercial Debt management on late payment or non-payment of commercial debts can be managed by using the law effectively. The late payment of commercial debts (interest) act 1998 can be used to compensate creditors for late payment as well as

Posted in Uncategorized

Directors Loan Account – Effectively dealing with them

Directors loan accounts If you operate your business as a sole trader, Directors loan account isn’t something you need to worry about. If you are a limited company director and shareholder then a directors loan account can be a bit of

Posted in Uncategorized

Flat rate VAT scheme changes April 2017 – What to do about it

Flat rate VAT scheme changes background Flat rate VAT scheme changes came into effect on the 1st April 2017. HMRC have now completed their consultation phase. Below are what the changes may mean for you and the type of business

Posted in Uncategorized

Changes to dividend tax and contractors

Changes to Dividend tax Changes to Dividend tax came into effect on the 6th April 2016 and again on the 6th April 2018. The effect is those paying themselves dividends and a small salary are likely to have to pay more

Posted in Uncategorized

Tax Refund Scams

Tax Refund “Notification” If you receive an e mail or text message “from HMRC” informing you about “a tax refund notification” ….or indeed anything else, it’s a scam pure and simple. DO NOT RESPOND! I have had a number of

Posted in Uncategorized

Tax Return Accountant Service

 Finance Equation Ltd provide a tax return accountant service.  Self Assessment Tax Return Service. Get It Done In Time To Allow For Tax Planning & Help Us Save You Money.   The following government website gives you an introduction and

Posted in Uncategorized

Residential Buy-to-let and VAT

Residential buy-to-let are VAT exempt. Which means VAT can’t be charged on rents. It also means that VAT can’t be reclaimed on expenses, repair costs, agents fee’s etc. The assumption therefore is that residential landlords can ignore VAT. But this

Posted in Uncategorized

Family Investment Company & tax planning

A family investment company and tax planning go hand in hand. Years ago trusts were a tax efficient way to deal with Inheritance tax. Changes in trust tax law means trusts may no longer be a preferred vehicle. Since 2006 most

Posted in Uncategorized

Contact us

Testimonials

I have been a contractor client with The Finance Equation for a number of years and I am delighted with the service. The Staff are always professional and courteous and take the time to explain things. I am set up on a system that means I spend less than 15mins a month on my company Continue Reading

Ronald Wilkins ICT Expert Contractor

<< Prev
Next >>