Entrepreneurs' Relief

Increase should be taken advantage of Read More

Taxman Pays For Tractor

Careful planning can lead to surprising results. Using our knowledge of both the tax and Tax... Read More

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Venture Capital Trusts

VCT investment gives tax exemption possibility
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One of our clients recently received a letter giving one week’s notice of a VAT compliance visit. Fortunately, the client had taken out our Taxation Protection Insurance and, under the comprehensive terms of that insurance, were able to claim the costs of the visit - which was subsequently postponed on the day, thereby incurring abortive costs in respect of our staff member's attendance and travel expenses! 

When the meeting was rearranged we again attended at our client’s premises and dealt with the queries that arose from the two VAT inspectors, leading to a successful conclusion on the day.  The invoice, for our not inconsiderable costs for the two visits in this respect, was paid in full by the insurers. A satisfactory conclusion all around!