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VAT: Tour operators margin scheme

by | Oct 11, 2019 | Tax News

If you run retreats with packed accommodation and are VAT registered the Tour Operators Margin Scheme could save you VAT New guidance as to what the selling price should and should not include The guidance around the Tour Operators Margin Scheme (VAT Notice 709/5) has...

Comparing Business Structures for Yoga Teachers

by | Oct 4, 2019 | Tax News

Yoga Teachers are running businesses, and so need to think about structure. For many Sole Trader is the default choice and works well. Its important to know the structure of your business as this effects your registration obligations, how you are taxed and other...

Probate and its hidden dangers

by | Sep 27, 2019 | Tax News

A timely warning – When administering an estate can result in a financial loss.  A personal representative of an estate has various responsibilities. If the will names the person or entity who is to deal with the estate that person or entity is referred to as...