Balmer Accountancy Supports Medical Detection Dogs

Medical Detection Dogs

Over the past couple of months we, along with our sister company Smart Office Services, have been selling chocolates to any sweet toothed person who passed our desks. This has raised £200 for Medical Detection Dogs, a local charity that trains specialist dogs to detect the odour of human disease. … Continue reading

HMRC Penalties

HMRC Penalties

The UK tax authorities have been under significant pressure from the exchequer to increase the level of tax revenues collected. This pressure has resulted in an increase in both the number of and size of fines being levied by HMRC and also a perceived unwillingness to accept ‘reasonable excuses’ from … Continue reading

Vans and VAT

Vans and VAT

At the end of April, HMRC issued a list of makes and models of car derived vans and combi vans that a VAT registered business can use to determine whether VAT paid on the purchase price can be reclaimed as input tax. The full table can be seen by following … Continue reading

Car Tax Changes

Car Tax Changes

Despite the publicity over the new Car Tax changes, there are still so many people being caught out and receiving hefty fines or being wheel clamped by the DVLA. So what are the relevant details you need to know? On the same day that the new ‘15’ car number plate … Continue reading

Budget 2015

Budget 2015

With a budget this close to a General Election, there was clearly going to be a political element to any measures announced and the Chancellor did not disappoint in this regard. There are a number of items aimed to appeal to the populist vote such as the Help to Buy … Continue reading

Working Parent Tax Tips

Parents tax tips

Running a successful business whilst being a parent can be extremely demanding; we often say that the biggest reason we are working so hard is for the benefit of our family. So if that is the case, how can we save some of the tax we may be paying whilst … Continue reading

2014 Autumn Statement

Autumn Statement 2014

On December 3rd the Chancellor gave his autumn statement to Parliament. Below is a summary of some of the key points in addition to a little more detailed look at one area in particular – the changes to stamp duty. The changes to stamp duty will result in 98% of people being … Continue reading

Get Ready for the Self-Assessment Deadline

Self Assessment

We trust that you are all looking forward to a great break over Christmas and the New Year. Once the festivities are over though it’s back to reality with a bump as we approach the January 31st deadline for self-assessment tax returns. This is one thing that need not be … Continue reading

Employment Intermediaries

Employment Intermediaries

With the changes in employment trends over recent years, more and more businesses are coming under the jurisdiction of legislation aimed at Employment Intermediaries. The most common type of employment intermediary is employment agencies. They have long been used by individuals to help them find jobs but many organisations equally … Continue reading

Dividends – Interim or Final?

Dividends

Within its manuals, HMRC makes a lot of noise about the distinction between interim and final dividends. The real question though is whether there is a difference between these two classes of dividends from a tax viewpoint and if there is, what steps should we take to amend our procedures. … Continue reading