Many of our clients operating in both the goods or services industries recharge costs such as subscriptions,...
VAT
VAT penalties update: Points mean penalties
The way in which HMRC charges penalties for late VAT return submissions and late VAT payments has changed. All VAT return periods starting on or after 1 January 2023 will be caught under the new VAT penalty system.
VAT – Imports – Postponed VAT Accounting (PVA)
Postponed Import VAT Accounting was introduced on 1 January 2021 and VAT registered businesses can declare and reclaim...
VAT – Energy Saving Materials (ESM’s)
Over the last few years, there has been a host of changes made to the VAT rules in respect of installation of ESM’s....
VAT – Hobbies
Many people have a variety of hobbies such as playing sports, chess or even a musical instrument. Sometimes these can...
VAT – Charity Purchases of Overseas Services
At Ellacotts we have many charity clients who purchase services from overseas suppliers such as Google/Facebook Ads or...
Raising Share Capital
Often limited companies may find it difficult to raise funds, whether they be starts up, those looking to expand or...
Christmas Parties, Gifts & VAT Recovery
With Christmas just around the corner, here at Ellacotts, we see a surge in VAT queries in relation to the festive...
HMRC’s new VAT tool
If you are thinking about registering voluntarily for VAT, or hovering around the £90,000 compulsory registration...
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Our accreditations
We are proud to be recognised as a Top 100 Accountancy firm in the Accountancy Age 2023 survey. We are longstanding and active UK200Group members, and affiliate members of AGN, an international association of accountants. We have One Star Best Companies status, reflecting our commitment to being a great workplace. As a Xero Platinum Partner, we are dedicated to supporting our clients in online accounting.
Banbury
Countrywide House
23 West Bar Street
Banbury
Oxfordshire
OX16 9SA
T: +44 (0)1295 250401
Birmingham
Kettering
2700 Kettering Parkway
Kettering Venture Park
Kettering
Northamptonshire
NN15 6XR
T: +44 (0)1536 646000