Recent content by DWS

  1. D

    Company Directors Required to Hand Over Digital ID to Companies House

    You didn’t say ‘anyone’ but I did, you mention 1 person, why? Why do I need to give examples, I am merely pointing out that plenty of people miss submitting the CS on time every year which is no big deal, various reasons why this happens so not sure why you have decided to use this person as an...
  2. D

    Company Directors Required to Hand Over Digital ID to Companies House

    I agree but someone else upthread did single out one person!
  3. D

    Company Directors Required to Hand Over Digital ID to Companies House

    Apologies, I must have missed all the Labour & Conservative politicians setting the standards!
  4. D

    Company Directors Required to Hand Over Digital ID to Companies House

    So in your opinion anyone who is late submitting the Companies confirmation statement and verify their ID, which I may add I still have plenty of clients who have not, should not be able to achieve something else?
  5. D

    Making Tax digital for partnerships

    At present MTD does not apply to partnerships, it may however apply to a partner if they have other incomes.
  6. D

    Using a Campervan for Business Travel

    The whole thing is a black mark, problem is people out there are believing the results! I just had a client send me his information for his self assessment, he also included the results from running the information through AI, it all looked very professional apart from AI using the wrong % for...
  7. D

    Using a Campervan for Business Travel

    The OP is correct, the approved mileage rates from April 2026 are now .55p for the first 10,000 miles
  8. D

    Tea/Coffee/Milk

    If you have an office then why not do it properly as you would with any other supplies and be pay for it through the business? As you said for the sake of the money involved I don’t suppose anyone would care but if you looked at it that way for every purchase it would soon add up!
  9. D

    Using a Campervan for Business Travel

    No problem if you buy the campervan personally and then charge mileage at the approved rates for the business use. A campervan is treated by HMRC as a car for tax purposes, so if you do buy through the Company then you will not be able to claim AIA on the purchase only annual WDA, also there...
  10. D

    Need help with some basic Finance and VAT reclaim questions.

    If you are looking at claiming £6k in pre registration VAT that would mean that you have £36k in assets/goods and also some services that you still hold at the time you would register for VAT, but you are still not registered as a business, is this correct?
  11. D

    Need help with some basic Finance and VAT reclaim questions.

    I wouldn’t disagree that a majority pay VAT but those that don’t are not ‘rare or unusual’ The Construction Industry makes up a fair part of the economy and ‘reclaims’ of VAT are very common! You need to consider all businesses in all sectors not just your little bubble.
  12. D

    Need help with some basic Finance and VAT reclaim questions.

    Rare or unusual?? Maybe for your business! VAT businesses working in the Construction Industry ?? Have you never heard of Domestic Reverse Charge? Some of my clients ‘reclaim’ on average £15k per quarter. Others who carry out either zero rated or reduce rated works also ‘reclaim’ VAT.
  13. D

    Need help with some basic Finance and VAT reclaim questions.

    So what are you doing then if you are not ‘reclaiming’ VAT on purchases? Bearing in mind that the wording for box 4 on a VAT return is ‘VAT reclaimed’ If there is no output tax then you are ‘reclaiming’ the input tax you have paid!
  14. D

    Making Tax Digital without an accountant or bookkeeper?

    But then the same could be said for some business owners using accounting/bookkeeping software. I don’t think it’s a case of one size fits all, it’s a case of each individual business using what they feel comfortable with, whether that be spreadsheets or software, using accountants or not...
  15. D

    Making Tax Digital without an accountant or bookkeeper?

    For clarity then, VT can be used by Accountants and Businesses as I already mentioned.
See more
Top Bottom
Community
Articles
Menu