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Crypto assets Questions and Answers Article
Has HM Revenue and Customs (“HMRC”) issued any guidance? On 19th December 2018, HMRC released guidance on the taxation of crypto assets for individuals. It is believed to be one of the most comprehensive sets of guidance currently issued by any government. It can...
A Decline in Manufacturing Output
According to the latest CBI (the Confederation of British Industry) Industrial Trends Survey, manufacturing output has decreased to a standstill in the three months leading up to June 2019. The total number of orders submitted in the manufacturing books...
How will the VAT reverse charge for construction work?
A domestic reverse charge will be introduced from 1 October 2019 to tackle VAT fraud in the construction industry. Tony Nickson, VAT Consultant at Hawsons, explains what this will mean for businesses. What is a reverse charge? In a nutshell the reverse charge is where...
Sales in department stores have risen for the first time in 2019
Data from the National Office for Statistics shows that department store sales have risen by 0.2% in July which was the first rise of the year. This took place in a month where Amazon Prime Day took place on 15 July 2019 and the city economists predicted a 0.2%...
“We have worked with Hawsons for over forty years and during that time they have proven to be an invaluable addition to our team. As well as their professional and friendly service, we have been particularly impressed with their knowledge of how we operate as a business in our sector. We have no hesitation in recommending Hawsons to anyone looking for a new accountant.”
“Over the course of the last 12 years Hawsons Chartered Accountants have provided our business with excellent accounting services and specialist tax advice…”
