Happy Accountant: Accounting Blog & Online Accountant

* I’ve finally joined Twitter, which you should also be able to see from the feed on the right.  So, I’ve had a bit of fun setting that up (no, really, I have).  I wish I’d done it sooner! There is also a twitter feed for the HappyAccountant Blog at @HappyAcc *

*As part of the Budget, it has been announced that the Corporation Tax rates will change from 1 April 2011: Main rate of Corporation Tax will fall to 27% (from 28%) Small Companies Rate of Corporation Tax will fall to 20% (from 21%) *

*It’s been announced that the standard VAT rate will increase from 17.5% to 20% from 4 January 2011. There are special rules for – among others - retail, services that span the date of change, continuous supply and extra care will need to be taken for those using cash accounting. Click here for HMRC information on [read more]

*On the 1 January 2010, the VAT rate reverts to 17.5% If you are on the Flat Rate Scheme for VAT, look up your percentage here. *

*There are a number of changes coming into effect on 1 October 2009, as a result of the Companies Act 2006, some of the main ones are listed below: Deadline for filing accounts at Companies house is now 9 months after year end Stricter rules on Company Names. Director may file a service address (which may [read more]

*From 1 December 2008, the standard rate of VAT will be 15% If you are on the Flat Rate Scheme, remember that your percentage changes too. *

*From Monday 1 December 2008, the VAT rate will drop to 15% and remain at this level until 31 December 2009, when it will revert back to 17.5% The new VAT fraction is 3/23. *