Compliancy is the practice of adhering to rules and regulations and making sure that these are met to a high standard. When it comes to VAT, it is highly important to follow VAT rules and regulations and stay compliant with them, or you could be fined or even face imprisonment. The rules of VAT vary …
Tag Archives: advice
Global VAT Compliance: How can J&P Help Me?
What are the first steps to take when expanding your online business so that you can start selling products in other countries? If you want to trade in Europe, how can you comply with the tax laws of the country that you are selling in? If you are an online business planning to sell products …
Continue reading “Global VAT Compliance: How can J&P Help Me?”
Popular E-Commerce Trends to Start Following In 2019 (Part 3)
In May 2019, we listed 6 new E-commerce trends that we believe will benefit your E-commerce business in our articles Popular E-Commerce Trends to Start Following In 2019 (Part 1) and Popular E-Commerce Trends to Start Following In 2019 (Part 2). After three months, we have revisited the topic being so inspiring and useful, we …
Continue reading “Popular E-Commerce Trends to Start Following In 2019 (Part 3)”
eBay Sellers: The £1,000 Tax-Free Allowance You May Not Know About
As an online trader who sells on online marketplaces, you may be familiar with the differences between eBay and Amazon – eBay is better suited for individuals and sole traders, and Amazon is a platform oriented towards third-party sellers and small businesses. That said, this is not the only difference between these two, as there …
Continue reading “eBay Sellers: The £1,000 Tax-Free Allowance You May Not Know About”
Popular E-Commerce Trends to Start Following In 2019 (Part 2)
In our previous article we discussed how it is important for your business to optimise its online platforms so that you can stay ahead in the E-Commerce game, and presented 3 E-Commerce trends that are predicted to be popular this year. Here is Part 2 of Popular E-commerce Trends to Start Following In 2019, in …
Continue reading “Popular E-Commerce Trends to Start Following In 2019 (Part 2)”
Popular E-Commerce Trends to Start Following In 2019 (Part 1)
The E-Commerce landscape is always changing, and as it is growing every year, more and more businesses are selling their products and services online. More businesses mean more competition, and it is important to optimise your own online platforms so that you can stay ahead in the E-Commerce game. Here is Part 1 of Popular …
Continue reading “Popular E-Commerce Trends to Start Following In 2019 (Part 1)”
R&D Tax Relief – Is your company eligible?
What is R&D Tax Relief? R&D Tax Relief is the term used to describe when companies are awarded R&D Tax Credits. “R&D” stands for “Research & Development” in R&D Tax Credits. These particular tax credits are special in the sense that they are designed to reward innovation and fuel growth. For businesses that invest in …
Continue reading “R&D Tax Relief – Is your company eligible?”
A Guide To Full Payment Submissions and Earlier Year Updates
If you are an employer, under Real Time Information (RTI) you are required to submit a Full Payment Submission (FPS) to HMRC every time you pay your employees. The deadline for the amended Full Payment Submission (FPS) for Tax Year 2018/2019 is 19th April 2019 in which you need to report your employees’ pay, any …
Continue reading “A Guide To Full Payment Submissions and Earlier Year Updates”
Making Tax Digital: 1 Million Businesses Still Left To Comply
Although the government initiative Making Tax Digital is now live, it is estimated that around 1 million businesses still need to sign up. Approximately only 70,000 businesses have now registered, which is 4% of all UK businesses. A Freedom of Information Request submitted to HMRC by cashflow forecasting software firm Float has revealed that approximately …
Continue reading “Making Tax Digital: 1 Million Businesses Still Left To Comply”
Tax Year 2019-2020: How To Prepare Your Business
April can be a daunting time for many small-to-medium businesses, with the end of the current tax year and the start of a new one. New tax rates and thresholds have to be taken into account, and it can be difficult for businesses to prepare for all of these changes on top of making sure …
Continue reading “Tax Year 2019-2020: How To Prepare Your Business”
J&P Accountants: Blog 