by Oasis Accountants | Jun 22, 2026 | Newsletter
HMRC Announces Temporary VAT Reduction HMRC has announced a temporary reduction in the VAT rate from 20% to 5% on qualifying children’s meals supplied by restaurants, cafés and similar establishments. The reduced rate will apply from 25 June 2026 to 1 September...
by Oasis Accountants | Jun 15, 2026 | Newsletter
For many owner-managed businesses, involving a spouse in the company structure can be an effective way to utilise personal allowances and optimise the family’s overall tax position. However, while paying dividends to a spouse may seem like a simple planning strategy,...
by Oasis Accountants | Jun 8, 2026 | Newsletter
As a general rule, VAT cannot be recovered on goods or services that are intended for personal use. Where a business incurs expenditure and those goods or services are subsequently used privately, this is treated as a taxable self-supply, meaning VAT may need to be...
by Oasis Accountants | May 29, 2026 | Newsletter
This newsletter looks at how VAT recovery on an asset alters with a change in its use. Suppose that a business purchased an asset (e.g., a building) for a project expecting to use it in its taxable business, and recovers all the VAT on the purchase. However,...
by Oasis Accountants | May 27, 2026 | Newsletter
Running a small business in the UK comes with a great deal of financial responsibility, and understanding your tax obligations is one of the most important parts of staying compliant. Tax can feel overwhelming, but with the right guidance, it becomes far more...
by Oasis Accountants | May 27, 2026 | Blogs, Newsletter
Managing a rental property comes with a great deal of financial responsibility. From tracking rental income and maintenance costs to ensuring you remain compliant with HMRC, staying on top of your finances is essential. Yet for many landlords, the day-to-day demands...
