Form: Customer declaration for zero-rated VAT supply of an adapted motor vehicle (VAT1615A)

You can use this form to claim relief from VAT if all four following conditions are met:

  • the individual purchasing the vehicle (or for whom the vehicle is being purchased) is normally a wheelchair user
  • the adapted motor vehicle is being purchased for the wheelchair user’s personal and domestic use
  • the vehicle has been permanently and substantially adapted to meet the wheelchair user’s individual requirements
  • the individual purchasing the vehicle (or for whom the vehicle is being purchased) hasn’t (since 1 April 2017) obtained a VAT free vehicle under this relief in the past 3 years

Source: HMRC

How small businesses can avoid unwarranted tax investigations

The deadline for tax return submissions may have passed but, no sooner than one source of stress is put to bed, many businesses fret over another potential headache just around the corner. Every year, HMRC carries out a number inspections of people’s tax affairs. As too many small businesses know, inspections are instigated when the

The post How small businesses can avoid unwarranted tax investigations appeared first on Small Business.

Source: SmallBizUK

Businesses still need to do more to tackle gender pay gap

Young Women’s Trust, a charity for women aged 16-30 on low or no pay, is calling for more action to reduce the gender pay gap, as new reporting requirements come into effect in April. The charity fears that pay transparency, intended to encourage employers to reduce the gender pay gap, will be ineffective without enforcement

The post Businesses still need to do more to tackle gender pay gap appeared first on Small Business.

Source: SmallBizUK

A business owner’s guide to fire safety standards

All businesses need to adhere to various safety standards and regulations – especially where fire safety is concerned. This much is known by anyone who owns their own business. But these regulations are often misunderstood as unnecessary restrictions, as frustrating (and expensive!) bureaucracy instead of as helpful, necessary measures laid out in order to keep

The post A business owner’s guide to fire safety standards appeared first on Small Business.

Source: SmallBizUK

Picking the best type of loan for your small business

Its important to remember that not all loans are created equally. Borrowing to fund your business could pay off in the long run, but only if you pick the type of loan carefully. Here’s what you need to know about all the different loans available to small businesses. Special category loans Financial institutions often offer

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Source: SmallBizUK

Four things to know about Making Tax Digital in the new tax year

The start of a new tax year is almost upon us, which means many business owners are currently gearing up to make changes that could help their business flourish in the next 12 months. But while these short-term improvements can be incredibly valuable, it’s also a good idea to start looking at other potential issues

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Source: SmallBizUK

Workers on National Living Wage set to grow four times that of typical earners

Pay for workers on the National Living Wage (NLW) will rise nearly four times faster than for a typical worker over this parliament, according to new Resolution Foundation analysis marking the latest increase of the NLW to £7.50 an hour. Today’s 30p increase means pay for NLW earners is estimated to be 1.5 per cent

The post Workers on National Living Wage set to grow four times that of typical earners appeared first on Small Business.

Source: SmallBizUK