From 1 October 2019, HM Revenue and Customs will introduce a VAT reverse charge on certain building and construction services. This measure will mean that the customers will be liable to account for the VAT in respect of those purchases, rather than the supplier.
We are delighted to announce that Shona Godefroy has been appointed as our new Managing Partner.
Shona takes over the leadership of the practice from Chairman Richard Thomas, who founded the firm in 1985 and is stepping down after 34 years.
Our farming clients often ask our specialist Agriculture team about Agriculture Property Relief. This relief can cause confusion because it is not always clear which land or buildings will qualify.
The partners at Thomas Westcott are deeply saddened to announce the death of our fellow partner, Matt Portman, aged 35, who has passed away whilst on holiday with his family.
Thomas Westcott is proud to be a VIP sponsor of Venturefest South West, an event which will bring together businesses from across Devon, Somerset and Cornwall, championing innovation, technology and entrepreneurship.
The Conservative party have announced that they will be reviewing the taxation of tips and service charges, but in the absence of any new legislation it is worth refreshing ourselves with the current regulations.
The Charity sector in the UK is one with a long history that extends back to the Dark Ages and beyond. The nature of the sector has changed throughout that history but 2 factors have remained constant.
HMRC have established various task forces to combat fraud in specific areas of industry. However, it seems that even in today’s society of cashless purchases and mobile payment apps, HMRC consider consumers to be still in the dark ages and spend cash in restaurants and takeaways.