Posts Categorised: News

Tax Return Mania

Lewis Smith & Co. handled a record number of tax returns this year

Save VAT – Get Your Books in Early

January 31st 2011 is looming. It’s a date that causes consternation amongst business owners and accountants alike. This year though there is a government backed incentive to get your tax return done early! We have talked in the past (see “6 good reasons for early tax return filing“) why it is a good reasons to… Read more »

More Tax Toolkits from HMRC

HMRC are publishing an additional three “toolkits” to help tax payers and tax agents reduce errors in tax returns. The new toolkits cover VAT input tax, inheritance tax and expenses and benefits from employment. HMRC have been at great pains to stress that use of the toolkits is “voluntary” and that they don’t constitute a… Read more »

Furnished Holiday Letting – Good News and Bad News

Many of you will have benefited from a number of items of tax relief over the years if you have property that have been designated as Furnished Holiday Lettings (FHL). Even more of you may have been delighted to hear that the rules were going to extend to properties within the EEA (European Economic Area)… Read more »