Coping with change positively: in business and life

Some change happens slowly and some overnight. In 2012 our office in Uckfield Highstreet was burned to the ground in an arson attack overnight, we know a little about change. This article will discuss how you can cope with change in the business environment and at a personal level.

Magnifying glass on keyboard tax investigation

Top reasons HMRC might choose to investigate you or your company

Anyone can be selected for investigation, a business, director or individual tax payer. £34 Billion is the estimated tax gap between what HMRC collects and what it should collect. They are proactively targeting individuals and businesses using software to indicate anomalies. This article will discuss some of the main reasons HMRC may be interested in you or your business.

What is a trust and why set one up?

Often thought to be the reserve of the ultra-rich or landed gentry, trusts are an excellent way of protecting and holding important family assets. Asset protection, control, flexibility and tax efficiency are major reasons why more and more clients are using trusts as part of their planning. This article will discuss trusts and why you should consider them as a major part of your personal tax planning strategy.

What is the reverse charge on VAT? Will it affect you?

From the 1 October 2019, CIS registered businesses which are also VAT registered will have to withhold the VAT element of an invoice when paying those suppliers which are also CIS and VAT registered. The withheld VAT must then be paid over to HMRC on the next VAT return.

Do you know where you and your business are going…really?

It’s all too easy today to get lost in the myriad of online self congratulatory positivity. We’re shown and told what success looks like on social media, radio and television and it can become highly detrimental to our business and our own personal development. This article will discuss how to obtain clarity around you and your business’ path forward.

Tax avoidance vs tax evasion: What you need to know

Tax avoidance and tax evasion are sometimes confused and used interchangeably. Whilst the terms avoid and evade are similar linguistically, they stand for very different concepts legally. Both are ways used to pay less tax however, tax avoidance is legal whereas tax evasion is illegal. This article will discuss the two concepts and tell you all you need to know.