News
August News and Updates
Taxes Capital Gains Tax (CGT) Reporting within 30 days of sale The Covid-19 extension for reporting and paying capital gains tax (CGT) due on disposals
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News
July News and Updates
Business Updates Reduced rate of VAT for hospitality, holiday accommodation, and attractions. The government will temporarily apply a reduced rate of VAT (5%) to certain
Tax Updates
IR35: 17 March update to the budget
The government has issued an update to the recent 2020 budget in response to the increasing concerns of the economic impact of the Coronavirus. IR35
News
April 2020 – Budget and beyond
Following the 2020 budget, we’ve summarised the key changes highlighted by the Chancellor.
Contractors
IR35 News: Changes in April 2020 and How They Will Affect You.
If you are contracting through your own limited company then you will most likely be affected by the upcoming changes in the IR35 legislation. In
Cloud Accounting
Cloud Accounting – Get Online and Take Control of Your Finances!
What is Cloud Accounting? Cloud Accounting has changed the way accounts are prepared as computer records can be accessed via an internet connection from any
News
Cryptocurrency Tax Implications in the UK
We recently presented a webinar to discuss the tax implications on the individual and limited company in relation to trading or investing in cryptocurrencies and
Property
Tax relief of mortgage interest.
The restriction on mortgage interest relief means that tax relief for interest will only be given at 20% instead of the current 40%. This will
Taxation
A quick explanation of the VAT Flat Rate Scheme (FRS)
The flat rate scheme works as follows for Computer and IT consultancy or data processing which has a FRS percentage of 14.5%. Other Common FRS
Payroll
Summer 2018 Bulletin
Welcome to the Summer 2018 Sigma Chartered Accountants Bulletin. National Living and Minimum Wage Increases On 6 April 2018 the legal National Living Wage increased
