Update from DRG Chartered Accountants 

DRG Chartered Accountants
 

Brexit and VAT - what happens if there is no deal?

With Brexit looming, HMRC have issued several publications for businesses to consider how a “no deal” might affect them as there would be a significant impact on VAT on cross border transactions. To find out more, read our overview of HMRC's recent guidance on "VAT for businesses if there is no Brexit deal"

 
European flags
Read more on Brexit and VAT
 
Electric car
Read more on HMRC crackdown on benefits and reimbursed fuel costs
 

Electric company cars - the HMRC crack down

With the introduction of fully electric cars, HMRC have recently been taking a more aggressive stance on the tax position of benefits and reimbursed fuel costs. From 6 April 2018, electric cars will face a benefit in kind charge of 13% on the list price of the car, increasing to 16% from 6 April 2019. This can affect the employees personal tax liability dramatically, potentially taking them into a higher tax band. Read more

 

DRG enters team for gruelling cycling fundraiser

This October Daniel Reid, Partner at DRG, will be entering a team that will cycle 300km with over 3,000m of climbing in 2 1/2 days as part of the True Cycle Challenge in Mallorca. DRG is looking to support True in raising £200k for Tommy's - the largest charity funding research into the causes of miscarriage, stillbirth and premature birth. Read more

 
DRG enters cycling fundraiser
Read more on the True Cycle Challenge
 
Tax saving opportunities for companies
Take a look at our range of Fact Sheets
 

"Tax Saving Opportunities for Companies" Fact Sheet

Read some of our latest Fact Sheets featuring  tax and payroll issues.
Tax saving opportunities for companies
Payroll - an overview of basic procedures
Payroll and Real Time Information
IR35 Personal Service Companies


 



 

TwitterYouTubeLinkedIn
Donald Reid Group, 18a - 20 King Street, Maidenhead, Berkshire SL6 1DT

DISCLAIMER: This newsletter is for guidance only, and professional advice should be obtained before acting on any information contained herein. Neither the publishers nor the distributors can accept any responsibility for loss occasioned to any person as a result of action taken or refrained from in consequence of the contents of this publication.
You are receiving this email as you are on the Donald Reid Group list, as a client, supplier, partner etc. Should you wish to unsubscribe, please click the unsubscribe button below.
Please take a look at our updated Privacy Policy, which can be found at http://www.donaldreid.co.uk/privacy
Unsubscribe