The employees who are using their own car for business, HMRC approved mileage allowance. These rates only apply to employees using a company car applicable post 1 December 2016.
Accountants in the UK serving small and miniaturized scale elements ought to at this point know about the change to FRS 102 Section 1A and FRS 105 for accounting periods starting on or after first January 2016. Read this essential guide with DNS Accountants.
If you are a contractor with a limited company, you are most likely aware of the government's planned changes to the VAT Flat Rate Scheme, as reported in the November 2016 Autumn Statement. What does it mean for constrained organization contractors who are enrolled on the scheme? Small business has no idea that "Flat Rate Scheme" exists for VAT. This scheme is aimed at the smaller business; It takes away a lot of Vat. You can explore our website- DNS Accountants.
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