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George Lilley is licensed and regulated by AAT under licence number 1001040

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19 Jul 2018

Tax-free parties – how to exceed the £150 per head limit

The tax system contains a limited exemption for Christmas parties and other annual functions, under which employees can enjoy an employer-provided annual function tax-free as long as the cost per head is not more...

13 Jul 2018

Do you need to register for VAT?

A business must register with HMRC for VAT if its VAT taxable turnover is more than the VAT registration threshold. This is currently £85,000 and will remain at this level until 31 March 2020. A business whose VAT taxable turnover is les...

5 Jul 2018

Making Tax Digital for VAT – what records must be kept digitally

Making Tax Digital (MTD) for VAT starts from 1 April 2019. VAT-registered businesses whose turnover is above the VAT registration threshold of £85,000 will be required to comply with MTD for VAT from the s...

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