TCP Chartered Accountants | Accountants Nottingham | Tax Advice & Bookkeeping

Industry News

What you can do with your pension pot

What you can do with your pension pot

Pension Wise is a free government service that was launched in 2015 to help provide individuals with general pension advice. However, the service does

Read More
When you can claim back VAT on purchase of a car

When you can claim back VAT on purchase of a car

There are complex VAT rules that determine the amount of VAT that can be recovered when purchasing a new car. The usual rule is that when you purchase

Read More
Child Benefit charge if income exceeds £50,000

Child Benefit charge if income exceeds £50,000

The High Income Child Benefit charge (HICBC) applies to a parent whose income exceeds £50,000 in a tax year and who is in receipt of Child

Read More
VAT and insurance claims

VAT and insurance claims

Insurance transactions are generally VAT exempt. However, there are many issues that can arise concerning the VAT liability of certain insurance

Read More