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The Cost of Christmas

The Cost of Christmas

The Cost of Christmas In December, we spend £446,000 every minute of every day on presents alone as a country. Families with children under the age of 18 will spend from £1,000 to more than £2,700 at Christmas, with gifts making up the vast majority. Families without...
VAT Fraud: Some basic facts

VAT Fraud: Some basic facts

VAT Fraud: Some basic facts VAT is Value Added Tax, is a tax on consumer spending, and some businesses evade paying it through fraud. VAT fraud is one of the most common forms of tax frauds and something HMRC takes very seriously. It usually can occur as the business...
10 Interesting Tax Facts

10 Interesting Tax Facts

10 Interesting Tax Facts 1. Breaking Bad was moved to Albuquerque, New Mexico from Riverside, California, where it was going to be originally set. But the tax breaks were better in New Mexico, so the film’s creators were easily convinced. 2. New Mexico is great not...
VAT and Brexit: Implications for you

VAT and Brexit: Implications for you

VAT and Brexit: Implications for you Obviously Brexit has been the most often discussed topic in this country over the last few years, and especially this month, with the expected date of 31st October going ahead. Brexit creates a number of uncertainties for everyone,...
Four tonnes heavy cryptocurrency

Four tonnes heavy cryptocurrency

Four tonnes heavy cryptocurrency What have the Micronesian island of Yap and Bitcoin got in common? It looks like that the blockchain technologies used to record digital transactions are not so revolutionary, as the people of Yap have been using the same system for a...