Robert S Boys

read moreWhile we have made every effort to provide accurate and up to date information on our website, the law is constantly changing and affects each person or business in different ways. The information contained within this website is no substitute for specific advice and we will not accept liability if you rely solely on information from the website. It is important that you read this page as it contains important information regarding accessing our website. Robert S Boys Chartered Accountants respects your privacy and is committed to protecting your personal data.

read moreOur comprehensive range of financial and business support services and ongoing strategic advice has helped many of our clients to grow and develop their businesses over the years. Our aim is to provide a professional, personal, effective solution to all of your day-to-day accounting, auditing and taxation needs. We use our expertise to complete this work quickly and accurately, and our experience to explore opportunities and identify potential problems before they arise. Many limited companies and other entities are required by law to have their accounts audited.

read moreUnder self-assessment an individual is responsible for ensuring that their tax liability is calculated and any tax owing is paid on time. We summarise the rules and penalties for failing to comply with your obligations. The Statutory Residence Test provides, through a series of tests, a definitive process to determine the UK residence status of any individual. That status applies for income tax, capital gains tax and inheritance tax purposes. Venture Capital Trusts (VCTs) offer similar to breaks to individuals as the Enterprise Investment Scheme.

read moreVAT registered businesses act as unpaid tax collectors and are required to account both promptly and accurately for all the tax revenue collected by them. This factsheet highlights some of the areas that you need to consider when running your business. Cash accounting enables a business to account for and pay VAT on the basis of cash received and paid rather than on the basis of invoices issued and received. The factsheet explains the workings of cash accounting. The VAT flat rate scheme for small businesses potentially reduces the administrative burden imposed when operating VAT.