We are accountants in #Worcester, working with businesses to grow & achieve their dreams & goals. We are #Xero experts, no suits, no jargon & fixed monthly fees
Ever wondered why you need an accountant? One of the most important aspects within any business are the numbers and being on top of these is essential in so many respects, which is where we come in!
Read our 7 reasons at ow.ly/UcVg50KFrYe#accountancy#xeroaccountants
đToilet brushes: taxed. Caviar: tax-free
The vibes are off. Caviar counts as a food item so itâs zero-rated. But toilet cleaning products? Clearly a luxury. Pay your 20%, peasant.
#accountancy#tax#VAT#accountantswithadifference
đŁEaster eggs were once debated as âtoysâ
Some eggs come with toys inside, and at one point, HMRC had to consider whether it should be taxed as food or as a toy with a sweet wrapper. The conclusion? Depends on how âintegralâ the choc is. Real sentence in real court.
#accountancy
đ§Plain bread = no VAT. Garlic bread? Thatâs a fancy snack now.
Basic bread is a staple â so no VAT. Add garlic and cheese and vibes? Welcome to the 20% club. Toasted garlic bread is a taxable party guest.
#accountancy#tax#VAT#accountantswithadifference
đBirthday cakes are tax-free, but decorated novelty cakes, maybe not
A plain sponge with icing = cake = zero-rated. But if shaped like Peppa Pig and seen as a âconfectionery itemâ? Congrats, itâs taxable. Yes, your childâs unicorn cake is legally âluxury goods.â
#accountancy
New employee starting, get the tax code right
Setting up the correct tax code when a new employee starts is essential, as even small payroll errors can lead to unnecessary tax overpayments and avoidable complica... #PayrollBasics#PAYE#EmployerDutiestinyurl.com/mwu4u3xb
Selling a business, do not miss out on BADR
Business Asset Disposal Relief (BADR) can significantly reduce the Capital Gains Tax due when selling a business or shares, but with higher rates coming from Ap... #CapitalGainsTax#BusinessExit#TaxPlanningtinyurl.com/4ce5xk4m
LLP members, could you be treated as salaried for tax?
The salaried member legislation applies to certain members of a Limited Liability Partnership (LLP) whose terms of membership are more like an employee... #LLPTax#SalariedMemberRules#TaxPlanningtinyurl.com/3b3rmfvw
Selling a company car, get the VAT right
The question of whether or not you are required to charge VAT when selling a company car depends on how the vehicle was bought and whether VAT was recovered at the time.... #VATmatters#CompanyCars#TaxPlanningtinyurl.com/yabrmzc9
UK property income, when it counts as a business
The income generated from land or property in the UK is treated as arising from a UK property business. The underlying legislation defines this broadly to include all a... #PropertyTax#Landlords#UKTaxtinyurl.com/3hxv2pyd
New 40% First Year Allowance explained
The new 40% First Year Allowance came into force from 1 January 2026. This marks an important development for businesses investing in plant and machinery. The n... #CapitalAllowances#BusinessInvestment#TaxPlanstinyurl.com/4mk4anje
Welsh Final Budget 2026â27 highlights
The Welsh Final Budget for 2026-27 was published on 20 January 2026. The Budget sets out the Welsh governmentâs revenue and capital spending plans, including detailed port... #WelshBudget#IncomeTax#DevolvedTaxestinyurl.com/3ux6ccyb
MTD for Income Tax starts April 2026
If you have not yet checked if and when you need to use Making Tax Digital (MTD) for Income Tax, you should do so as a matter of urgency. This is because from April 202... #MakingTaxDigital#SelfEmployed#Landlordstinyurl.com/ytk4mjvu
Scottish Budget 2026â27 key points
Scotlandâs Finance Secretary, Shona Robison delivered her third Budget statement to the Scottish parliament on 13 January 2026. This is the final Budget before the Holyroo... #ScottishBudget#IncomeTax#DevolvedTaxestinyurl.com/ymwv42h2
PAYE changes for umbrella companies
From 6 April 2026, significant changes to PAYE rules will affect umbrella companies, recruitment agencies, and end clients, increasing shared responsibility for payroll com... #UmbrellaCompanies#PAYE#EmploymentTaxtinyurl.com/32jjnaj3