Small Businesses / March 14th 2018

Making Tax Digital (MTD) – an update on VAT

As some of you may (or may not) have heard, HMRC have been pioneering a way of making tax and VAT reporting more autonomous in line with the digital enhancements in technology in recent years. This has included the implementation of online account

The PSC register, also known as the Person of Significant Control Register, is a register of all individuals and/or legal entities with significant control over the company. The aim of this is to increase transparency of companies by clearly showing

In the unfortunate event that a company director passes away, two situations can arise. Before we jump in any of the two scenarios it is important to note that Companies House needs to be notified of the death. How do I notify Companies House? A co

New legislation was introduced in 2017 to tackle the issue of salary sacrifice arrangements where such arrangements result in a loss of tax to HMRC. This affects employers who offer benefits in kind to employees, or allowance payments, particularl

A typical situation exists where a foreign ecommerce company needs to segment its payment processing in order to protect its ability to collect money from its clients. Reasons for doing so vary: Spreading the chargeback risks across a number of

Taxation… it’s one of those things that nobody really likes to face head on, but of course it often becomes extremely important to understand the rules (and changes to rules) to ensure that you are best equipped to plan for the future. In rece

One of the many misconceptions of clients wishing to start a Limited company is the idea that the company’s funds are their funds. However, this is not the case. According to the law, a limited company is a separate legal entity. As a result, yo

What You Need To Know: Developments in technology and the rise of emerging industries have seen a significant increase in Research and Development (R&D) tax credits since the scheme was first introduced in 2000 by the Blair administration. R&

Wisteria work with many charities to provide accounting, tax and audit services. There are common issues we see on a regular basis, one of which deals with website production. Deferring the cost of a new website If you happen to be considering upd

Wisteria are pleased to announce becoming a Xero partner.  Being a Xero partner means that we are more than equipped to assist you with all aspects of Xero. Our commitment to being a Bronze Partner means that: We have a dedicated in-house Xero