We've brought together a whole host of practical resources designed to assist you in your life and business.
- Financial services
The IMA SORP 2008, issued on the 10 November 2008, replaces the SORP 2005. The main changes and areas of particular interest are summarised here.
If your annual turnover (excluding VAT) is £1,350,000 or less you may be eligible to calculate your VAT payments using the cash accounting VAT scheme.
The VAT penalty system and the VAT error threshold have both been amended.
On 25 July 2007, The House of Lords found in favour of the taxpayers Mr & Mrs Jones in the widely publicised tax case known as "Arctic Systems".