Are you involved in the construction Industry? Are you VAT registered? Do you use VAT registered subcontractors or work for VAT registered contractors? If your answer to all three questions above is yes, HMRC’s introduction of the Domestic Reverse Charge (DRC) from 1 October 2019 will affect you.  The DRC is being imposed by HMRC

Just a short note to say a great big WELCOME to two additional team members at Willis Cooper. Megan and Andy have joined our ever-growing team this month. Megan will be assisting with bookkeeping and helping with getting accounts onto a relevant software in response to the demands of the Making Tax Digital Scheme. Andy

If you are in the self-assessment tax return system then you may have a payment on account due on the 31st July 2019. This is to pay the next instalment of the potential tax due for the tax year ended 5th April 2019. We will be ringing round our clients to let you know if

We seem to have been talking about it for ages but it is finally here! The first VAT returns that need to be filed under the Making Tax Digital (MTD) scheme have just ended. If you have a VAT quarter ended 30th June 2019 and have an annual turnover of £85,000 then you will need

Just to let you know that we are changing our office opening times! From now on the office will be open from 8.30 until 5.00 everyday except Friday. On Fridays, we will be open from 8.30 until 2.00. The worker ants at Willis Cooper Limited deserve a longer weekend! Do not worry if your enquiry

Do you let out a property that used to be your home? If you do, then you need to think about how the following changes in the tax law will affect you when you decide to sell the property. At the moment, if you rent a property following a period of living in the property,

It is time to start thinking about pulling together your tax information for your personal tax return for the year ended 5th April 2019. We need details of all income for the period from 6th April 2018 to 5th April 2019. This includes all income from any source, employment, self employment, rental income and any

Just to let you know that clients and ourselves have been getting telephone calls from people claiming to be HMRC and requesting personal information. HMRC are aware of this problem and have started a password system so that you can verify their identity when they are calling you back. If you are in any doubt

Please can we request that you send in details for your personal tax return as soon as possible, A big thank you to all those that have already done this. Although the deadline is not until 31st January 2019, we would really like to get as many in as possible before Christmas so please can

We submitted a bumper crop of R&D claims in January. We are hoping to get over £500,000 for our clients with these R&D claims alone. If your company is developing a new product or process or improving an existing product or process where the outcome is uncertain, then you may be able to make an