As an SME ourselves, we wanted to get to the GDPR point. What do we need to do differently on 25 May that we don’t do now? We couldn’t find a simple summary, so we set about condensing the Information Commissioner’s Office published content on the subject. Here it is....
Many taxpayers are unaware of the “Requirement to Correct” legislation which has recently been introduced and has potentially enormous consequences for non-compliance. Richard Coombs, Tax Partner at Bates Weston explains: The legislation is very much targeted at...
Craig Simpson, Tax Partner at Bates Weston draws attention to the dangers of paying wages to relatives. A recent First Tier Tribunal Case finds that wages paid by a self-employed individual to his son were not deductible for tax purposes. The case of Nicholson v...
When a system is so complex, that it defeats HMRC’s own online system and they resort to asking you to submit your return on paper, alarm bells should be ringing. Graham Buckell, Bates Weston tax partner, sheds some light on the complex interactions between allowances...
Year end tax review 2017/18 The key to minimising your tax bill is planning ahead and working with your advisors to make sure they understand your plans, both in the short and the long term. If your personal or business circumstances are changing, if you are thinking...