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Tax Tips & News March 2018

Welcome… To March’s Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. Tax is changing for businesses, accountants and bookkeepers.  With the introduction of the new HMRC initiative Making Tax Digital businesses will be required to use commercial software to update […]

Tax Tips & News February 2018

Welcome… To February’s Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.Well another Tax Return Deadline Day has now passed for another year and here at Sleigh & Story we are pleased to say it went very smoothly with all self […]

Tax Tips & News January 2018

Welcome… To January’s Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. Happy New Year to all our contacts & associates!  We hope you all enjoyed the holiday and are feeling refreshed and ready for the new challenges ahead.  The office […]

When does a Hobby become a Business?

I am ofen asked is the activity I am carrying out a hobby or business? A hobby or other activity can often evolve into a business but it can sometimes be difficult to ascertain the exact point in time when this happens. Case law gives us six tests to indicate when a business exists: – The activity is a […]

Tax Q & A’s – Debbie’s monthly editorial for Grapevine readers

Every month Debbie Story answers your questions in the local Grapevine magazine. Q: I run a café and I am employing students temporality over the summer holidays.  Do I need to deduct any tax from their wages? A: If a student on a UK-based course only works for you during their holiday periods, and as long […]