Kevin Ferguson looks at whether it is possible to reclaim VAT on the purchase of a car. The issue of VAT on cars is something that we get asked about on a regular basis, in particular ‘VAT Qualifying Cars’. The phrase ‘VAT Qualifying Car’ is more relevant to the motor trade than to the public...

You can legally transfer your property at any time, even while you are still living in it, but there are complex rules to be aware of as Alister Biggar outlines below.   In this article we look at some of the issues which arise from property transfers and concentrate on the main property taxes which come...

By Julie Robertson BA FCCA, JRW Chartered Accountants As we start a new year, this is often a time for reflection and making fresh starts. But if you have ambitions that go way beyond renewing your gym membership then this article might be of real interest to you. If you have always dreamt of starting...

Are you one of an increasing number of people who work from home? The number of people working from home has risen to its highest level since records began -according to the Office for National Statistics. There were 4.2 million home workers in the UK in the first three months of 2014 amounting to 13.9%...

By John Craig If you are a small business you will definitely be interested to hear that there is a way to simplify your VAT return and if you qualify, reduce your VAT liabilities too. If your VAT taxable turnover is less than £150,000, The VAT Flat Rate Scheme has been designed to simplify the...