Want to pay-off your student loan in full?14-05-19
Student Loans are part of the government’s financial support package for students in higher education in the UK. They are available to help students meet their expenses while they are studying, and it is HMRC’s responsibility to collect… Read more..
Tax on a private pension you inherit14-05-19
Private pensions can be an efficient way to pass on wealth, but it is important to consider what, if any, tax will be payable on a private pension you inherit. The person who died will usually have nominated you by telling their pension provider that… Read more..
CGT and chattels14-05-19
A charge to Capital Gains Tax (CGT) usually arises after an asset is sold. However, there are special rules concerning the sale of certain personal assets that are worth considering. That is because these assets or possessions with a predictable… Read more..
Entrepreneurs’ relief minimum period increased from April 201914-05-19
Entrepreneurs' relief applies to the sale of a business, shares in a trading company or an individual’s interest in a trading partnership. Where this relief is available Capital Gains Tax (CGT) of 10% is payable in place of the standard… Read more..
The scope of CGT incorporation relief14-05-19
Where a taxpayer owns a business as a sole trader or in partnership, a Capital Gain will be deemed to arise if the business is converted into a company by reference to the market value of the business assets including goodwill. This could give rise… Read more..
Employee Car Ownership Scheme (ECOS)14-05-19
An Employee Car Ownership Scheme (ECOS) is a set of arrangements whereby employees acquire cars from a specified, often single source and within a specified financing framework. The use of an ECOS can be seen as a halfway measure between providing a… Read more..
HMRC phishing emails warning14-05-19
HMRC continues to warn of the ever-present problem of fraudulent phishing emails. The emails typically look to obtain taxpayers personal and or financial information such as passwords, credit card or bank account details. The phishing emails often… Read more..
Using the Help to Save scheme14-05-19
The Help to Save scheme for people on low incomes was launched in September 2018. The scheme allows those in work entitled to Working Tax Credit and in receipt of Working Tax Credits or Child Tax Credits, to save and receive a 50% government… Read more..
Be Data Aware campaign09-05-19
The Information Commissioner's Office (ICO) has launched a new "Be Data Aware" campaign to help people understand how organisations might be using their personal data to target them online and why, and how people can control who is… Read more..
Landlords, time to consider your options?07-05-19
Two changes to the way Private Residence Relief works are due to come into effect from April 2020. These changes could reduce the amount of CGT relief available on the sale of a private residence. The government has said that the measures are being… Read more..
Submitting P11Ds is just the start of your obligations07-05-19
We would like to remind employers that the deadline for submitting the 2018-19 forms P11D, P11D(b) and P9D is 6 July 2019. P11D forms are used to provide information to HMRC on all Benefits in Kind (BiKs), including those under the Optional… Read more..
Last call, are you ready for revised digital filing of your VAT returns?07-05-19
Most VAT registered businesses with a turnover above the VAT threshold need to be ready to keep digital records for VAT purposes, and to file their VAT returns, as required by the new Making Tax Digital (MTD) rules. What does this mean? For VAT… Read more..
Nothing is ever too much trouble. Blue Cube have always been willing to answer all our questions, we’ve learnt so much about how to make our business financially stronger from these guys.
Simon, Oasis Graphics
I really appreciate Blue Cube’s straightforward approach. They’ve made it so much easier for us to keep on top of our tax and VAT. Our relationship with HMRC is now entirely stress free. It doesn’t get much better than that.
Jason, Rare Design
Blue Cube has helped us to attract investors and secure government grants. We’d never been able to do that on our own. Their support and encouragement have been invaluable and shaped our vision of where to take the business.