Starting up a new business?

You may be able to save up to £50,000

 

If you start up a new business between 22 June 2010 and 5 September 2013 in:

• Northern Island
• Scotland
• Wales, or
• Any of these English regions

-         North East

-         North West

-         Yorkshire and Humber

-         East Midlands

-         West Midlands, or

-         South West

The Regional Employer NICs Holiday for New Businesses scheme could save you up to £5,000 for each new employee* you take on.

*Restricted to the first 10 employees you hire during the first twelve months you are in business.

Interested?

Go to www.businesslink.gov.uk/nicsholiday for more information today.

Entertaining overseas customers?

“Have you incurred VAT on entertaining overseas customers? 

 

If so, you may be entitled to claim a refund.

 

HM Revenue and Customs previously took the view that VAT on entertaining overseas customers was not recoverable as input tax. However, following a recent European Court of Justice decision, they have amended their policy and will now accept claims going back over the last four years.

 

Subject to the revised guidelines issued by HMRC, VAT on the costs of entertaining overseas customers can also continue to be claimed on an ongoing basis. 

 

If you think you may be entitled to a refund, please contact us for further information.”

Rhona Graham

VAT Specialist