Blog

Accounting Insights

CBW BLOG - electric cars

Electric Cars – Any Tax Benefits?

There are many reasons to encourage the use of electric cars such as lower running costs, environmental advantages and reduced noise pollution. There are also tax benefits. The benefit-in-kind...
CBW BLOG - VAT rates and exemptions

Different VAT rates and Exemptions

When you issue an invoice to your customer, you must ensure that you charge the correct rate of VAT. Whilst most businesses in the UK charge VAT at...
commute to work

The Commute to work

The general rule applies that there is no tax relief for the ordinary commute to work. The term ‘ordinary commuting’ is defined as the travel between a permanent...
CBW BLOG - taxpayers

Scammers are targeting self-assessment taxpayers

There were a record number of fraudsters targeting taxpayers with scam emails, texts and calls in the run up to the deadline for submission of self-assessment returns for...
filing requirements

Filing requirements for UK companies

In the UK, there are regulatory filing requirements for company accounts. The Companies Act 2006 (CA 2006) requires that a company files its accounts and reports with the...
CBW BLOG - anti-money laundering

Anti-money Laundering Checks – why they matter

As bookkeepers, we carry out anti-money laundering checks to all new clients that we provide support to ensuring our clients are not attempting to launder money through their...
CBW BLOG - Coronavirus Statutory Sick Pay Rebate Scheme

Coronavirus Statutory Sick Pay Rebate Scheme Closing Soon

The Coronavirus Statutory Sick Pay Rebate Scheme was brought back in mid-January with firms becoming eligible to make back dated claims under the scheme from the 21st December 2021. ...
working from home

Working from Home – Tax Relief

Did you know? If you are working from home, you may be able to claim tax relief for some of the bills you pay related to your work...
CBW BLOG - delay in tax return deadline

delay in tax return deadline

HMRC has announced that late filing penalties will be waived for taxpayers that file their 2020-21 Self-Assessment returns by 28 February 2022. The due date of 31 January...
Get In Touch

Contact us today to arrange a free consultation

Scroll to Top