Anyone who's in business understands that the rules and regulations around business tax are lengthy. If you take a look at the HMRC website and explore the information provided you'll find over 44 categories alone relating to business tax issues, including Business Tax is a taxing subject It ... Read More
Accountants for small businesses
ADC Accountants are the accountants for small businesses. It's just one aspect of our business we pride ourselves on, working with and helping small businesses navigate the minefield of tax and accountancy requirements. Of course ADC Accountants of Wigan, don't just work with small businesses, ... Read More
Your local Wigan Accountant
Business of all sizes across Wigan understand the need for a great, professional, reliable and a local Wigan accountant service. No matter if you're looking for a Wigan accountant for payroll or taxation, bookkeeping or VAT, these areas of business all need to be taken care of at a price that ... Read More
Working for yourself – living the dream
Working for yourself and 'living the dream' is something millions of people across Wigan, North West and the rest of the UK share. No more commutes to work, no early starts, no boss dictating what you do, master of your own destiny, the benefits to working for yourself are plentiful. So why ... Read More
Finance Bill receives Royal Assent
The Finance Bill 2017-18 officially known as Finance (No.2) Bill 2017-19, received Royal Assent on 15 March 2018 following agreement by both Houses. The Bill is now an Act of Parliament to be called the Finance Act 2018. The Act contains the legislation for many of the tax measures that ... Read More
Marriage allowance still time to apply
The marriage allowance is available to married couples and those in a civil partnership, where a spouse or civil partner doesn’t pay tax or doesn’t pay tax above the basic rate threshold for income tax.The lower earning partner can transfer up to £1,150 (increasing to £1,190 in 2018-19) of their ... Read More
Directors beware National Living Wage complications
From 1 April 2018, the National Living Wage (NLW) will increase by 33p to £7.83. This represents an increase of 4.4%. The NLW is the minimum hourly rate that must be paid to those aged 25 or over. For the 21 to 24 year old’s, the hourly rate of the National Minimum Wage will increase to £7.38 (a ... Read More
VAT option to tax land and buildings
There are special VAT rules that allow businesses to standard rate the supply of most non-residential and commercial land and buildings (known as the option to tax). This means that subsequent supplies by the person making the option to tax will be subject to VAT at the standard rate.The ability to ... Read More
HMRC tackling online VAT fraud
Under new rules that came into force on 15 March 2018, HMRC has enhanced powers to make online marketplaces accountable for VAT fraud committed by online sellers on their platforms. These measures are correctly referred to as joint and several liability (JSL) for marketplaces. The rules previously ... Read More
Self-catering and holiday let business rates
One important aspect of a self-catering or holiday let business that should not be overlooked, is whether or not the owner of a holiday let is liable to pay business rates. Business rates are charged on non-domestic properties and help councils and local authorities to fund local services. ... Read More