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Monthly Archives: July 2015

Why become VAT registered?

Posted on by Murray & Lamb

Once your business’ VAT taxable turnover reaches £82,000 in any 12 month period, you are obliged to register for VAT with HM Revenue and Customs (HMRC) or face fines. More and more companies are volunteering to register early in lieu of the potential financial gains and image boost that becoming VAT registered can supply. How … Continue reading

Posted in Accountancy Advice | Leave a comment

Video game and Film tax credits

Posted on by Murray & Lamb

As of April 2014, the Video Game Industry was included into the Creative Industry Tax Relief alongside film, TV and Animation. This means that UK-produced films, high-end television programmes, animations and video games are eligible to apply for tax relief if they meet the right criteria. This article takes a look at criteria to help … Continue reading

Posted in Business News, Corporation Tax | Leave a comment