DA Accountants - Chartered Certified Accountants - Glasgow Based

DA Accountants. With over 25 years experience in the industry, DA Accountants offer a large range of services to suit businesses of all sizes. ...

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Daaccountants.co.uk news digest

  • 3 years

    Should you give or sell shares to your partner?

    Owning your company jointly with your spouse can significantly reduce your tax bill compared with owning it alone. It’s worth transferring shares as a gift to achieve this, but might a sale to your spouse be even more tax efficient?
    Family (tax) planning...

  • 3 years

    Flat rate travel expenses – HMRC’s hidden trap

    You use HMRC’s approved benchmark rates when you pay your employees for subsistence when they travel for work. The trouble is, if you follow HMRC’s latest advice you may be costing yourself VAT. What’s the full story?
    Simple subsistence
    You’re probably aware that from 6 April 2019 the law changes to simplify employers’ admin for job- related subsistence costs incurred by your workers. The new rules confirm that you can pay your employees an income tax and NI-free flat rate amount that...

  • 3 years

    VAT efficient start-ups

    You’ve set up a company to run a new business venture. It’s risky and may come to nothing. In the meantime the company is incurring significant costs. Can you recover the VAT, and if so when?
    Start-up costs
    The set-up period and associated costs will vary depending on the type of business you’re starting. These costs are painful while there’s no income being generated. One way to reduce the start-up expenses is to recover the VAT you paid on them. You’ll...

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Web host: Krystal Hosting Ltd
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Updated: April 10, 2021
Expires: March 28, 2023
Created: March 28, 2007

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