UK Tax Questions Answered by Shrewsbury Accountant No. 49
As I haven’t posted a Blog on the varied questions on tax asked by clients and members of the public for several months, I thought that today I would trawl through my internet postbag again. Hopefully I’ve found an interesting tax related question or two that you will find helpful or at least interesting. So, […]
The Great Marshmallow VAT saga, ‘Once s’more’
The sticky question of whether giant marshmallows are standard or zero rated for VAT has been rumbling through the tax courts, aka Tax Tribunals, since the first case was put before them in the autumn of 2022. On that occasion HMRC got a bloody nose, but ever a glutton for punishment, HMRC appealed to the […]
Making Tax Digital reporting and exemptions
Following on from a Blog on MTD, posted on 26th March, ‘MTD is now upon us’ I have now obtained HMRC’s final version of the 2026 regulations covering MTD reporting and exemptions. So today I will be looking at the more important changes. With effect from 6th April 2026, Making Tax Digital (MTD) for income […]
Companies House security blunder
Companies House have now admitted that a major security flaw in their WebFiling software has occurred. This has resulted in the confidential details of more than five million companies being put at risk. A major flaw in their software has meant that any user of the site was able to view and potentially amend items […]
MTD is now upon us
HMRC’s flagship tax regime Making Tax Digital for Income Tax (MTD for IT) is now approaching at breakneck speed. The new tax regime will include all businesses and individuals with accounting years starting on 1st or 6th April 2026, at least for those who had a combined turnover from self-employment and property in excess of […]
VAT ON CHARGING YOUR EV
Today’s Blog came about following some research I was doing on the relative costs of an EV and I came upon a report of a recent Tax Tribunal that was highly relevant. This case concerned a public charging point operator (Charge My Street Limited aka CMS) who was charging VAT to its customers at the […]
Should you save, invest or overpay your mortgage?
Today’s Blog is targeted at the lucky cohort of individuals would have bought their own home, albeit with probably a hefty mortgage from their bank, and who have some spare income or perhaps a lump sum that’s been saved up. The question is, do you save your extra cash, invest it or use it to […]
Employment Rights Act 2025
Labour’s flagship policy on employment, as encapsulated in ‘The Employment Rights Act 2025’, is now in force. As is usual with political parties, the implementation of some of the more controversial changes, have been delayed until April 2026, and a quite a few until 2027. So, if you’re an employer, what do you need to […]
Could there be a perfect tax system?
There just might be, according to The Centre for the Analysis of Taxation or CenTax, but first, who are they? Well, CenTax is an independent organisation, largely funded by private philanthropic support, with some state funding. It was set up to improve the public’s understanding of tax policy and help to design a better tax […]
Companies House delay compulsory P&L submissions
Until last week, small companies and micro entities (known as SME’s) were expecting a mandatory requirement to file their profit and loss accounts with Companies House (CH) from April 2027. The good news is that this will no longer be the case, but that does not mean that the law change will not be brought […]
