BANK HOLIDAY’S IN THE UK, YEAR (2019-20) This page contains a calendar of all 2019 bank holidays for the UK. These dates may be modified as official changes are announced, so please check back regularly for updates 1) New Year’s Day: Tuesday 1 January2) New Year’s Holiday: Wed...

Training Makesworth Accountants offers first-class professional courses on Accountancy, Payroll, Bookkeeping and many more. These training packages are available through our sister company, ‘SVS College of Professional Education London Ltd’. SVS College of Professional Educati...

TAX-PLANNING Tax planning is the legal and complex process of arranging your affairs to minimize a tax liability. The UK tax system is complex and subject to constant change. We offer proactive tax planning strategies for many SMEs, Corporates and even high net worth individua...

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Tax-Efficient-Investment The Seed Enterprise Investment Scheme (SEIS) offers great tax efficient benefits to investors in return for investment in small and early stage start-up businesses in the UK.

Tax Inquiry Investigation Tax inquiries and investigations can be expensive, stressful and cause huge emotional distress. We provide a full range of tax advice to individuals, trusts, and companies and our expert team have vast experience in dealing with tax investigations and...

Research-&-Development-Tax-Credits Have You Missed Out On Some Tax That Could Have Been Saved? Here we have a designed a simple guide for you to understand the usefulness of Research & Development Tax Credits. UK Government has initiated the incentive to encourage inno...

Personal-Client-Services We will not overload you with any technical jargons rather make it crystal clear for you to decide on what exact information you would like to register for your new company.

Outsourced Bookkeeping Accounting The current economic climate has re-emphasized to the business world the importance of keeping costs to a minimum and being as efficient as possible within each area of your business. This has encouraged the growth of the market for business p...

Making-Tax-Digital-(MTD) Since April 2019, VAT registered businesses with a turnover above the VAT threshold need to keep digital records for VAT purposes using the Making Tax Digital (MTD) protocols. This means that businesses must keep their records digitally (for VAT purpos...

Entrepreneur’s-Relief Makesworth Accountants offers first-class professional courses on Accountancy, Payroll, Bookkeeping and many more. These training packages are available through our sister company.

Company-Secretarial-Services We provide a tailored increase, decrease, sub-division or consolidation of share capital. A newly drafted set of Memorandum and Articles of Association are supplied with any change in share capital. All resolutions and filings are prepared on your...

Cloud-Accounting-&-Support With the advancement of technology, it is vital we have access to real-time financial information to be able to track how your business is faring, whilst empowering you to make the decisions needed to grow and develop your company. Saving of Time...

Business-Growth-&-Planning Entrepreneurs thinking of expanding the business means that their initial business plan has worked very well and therefore they are ready to grow now. So having the hard-work paid off, you need to be proud of your achievements and also be ready f...

Tax Planning Tax planning is the legal and complex process of arranging your affairs to minimize a tax liability. The UK tax system is complex and subject to constant change. We offer proactive tax planning strategies for many SMEs, Corporates and even high net worth individua...

VAT & Indirect Taxes Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area...

Year End Accounts Makesworth takes its profession seriously enabling their clients to comply with the laws and regulations. We can understand that these processes are administrative and can be ambiguous for the clients to prepare. Our team of Accounts Experts can guide you to...

Most people starting up in business do so because they have a good business proposition and the enterprise and commitment to see it through.

PROPERTIES NOT LET AT A COMMERCIAL RENT There may be a number of reasons why a property is occupied rent-free or let out at rent that is less than the commercial rate. This may often occur where the property is occupied by a family member in order to provide that person with a...

ARE WORKERS EMPLOYEES? It is important to know whether a worker is employed or self-employed as there are many differences in the way in which they will be taxed. Broadly, employees are taxed under the PAYE system with income tax and Class 1 national insurance contributions (N...

IT CONSULTANT HELD CONTRACT FOR SERVICES HMRC’s application of the IR35 rules remains ambiguous after an IT contractor successfully appealed to the First-Tier Tribunal (FTT) against a tax charge arising under the intermediaries’ legislation. In RALC Consulting Ltd v HMRC TC 07...

DOES THE HIGH-INCOME CHILD BENEFIT CHARGE APPLY? The High-Income Child Benefit Charge (HICBC) applies to a claw back child benefit from either the claimant or his or her partner where at least one of them has an income of £50,000 or more. The charge is perhaps one of the more...

USING COMPANY VANS FOR TAX-FREE HOME TO WORK TRAVEL As a general rule, travel between home and work is regarded as a private travel and if the employer meets the cost of that travel, a benefit-in-kind tax charge will be triggered. However, it is possible for employees with a c...

UTILISING THE 2019/20 DIVIDEND ALLOWANCE The dividend allowance is quite unusual in that it is available to everyone and everyone has the same allowance. For 2019/20 the allowance is set at £2,000. In common with many allowances, it is a case of use it or loses it. As the end...

DUVET DAYS AND HANGOVER DAYS – FLEXIBLE WORKING As flexible working becomes more common place, new trends are emerging in terms of absence management. Employers are embracing change. Flexible working, working from home, working part-time or job-sharing are all relatively recen...

CUSTOMER RETENTION STRATEGIES Without customers, your business simply would not exist. Some businesses are so focused on winning new customers that they often neglect to put any effort into retaining the customers they already have! Winning new customers is often far more expe...

KEY BUSINESS TRENDS FOR 2020 The environment, wellbeing, mental health and technology look set to be some of the big business trends in 2020. As we move into 2020, businesses will have to adapt to a world that places greater emphasis on sustainable business practices. People w...