Newsletter Summer 2018

• Content
• Leading Article
• Preparing for digital VAT
• General Tax
• Trading and property allowances
• Repercussions of tax schemes
• Advisory fuel rates
• Repaying the value of benefits
• Clawing back child benefit
• Don't panic about penalties
• Employee Tax
• Last chance to pay Class 2 NIC
• Who is entitled to SMP?
• Understanding IR35
• Paying employees on sleep-in shifts
• VAT
• VAT on hot food
• VAT on exported goods
• Missing trader fraud
• VAT on disbursements
• VAT annual accounting