Abigail Langridge

5 common VAT problems faced by small businesses

Problems with VAT are common, but once you understand the basics of VAT it is reasonably straightforward. There are some areas where it’s easy to make mistakes and this can lead to stringent penalties. Small businesses can avoid most problems with VAT by making sure they deal with all the […]


New Year’s Resolutions for small businesses

You’re probably used to setting personal new year’s resolutions such as going to the gym more often, quitting smoking or drinking more water, but what about resolutions for your business? Starting the new year by setting business goals and writing a list of changes or improvements you’d like to see […]

What to buy an accountant for Christmas

The office is decorated, you’ve planned your staff Christmas party and Secret Santa gifts are being bought. But wait – you’ve picked the accountant’s name out of the hat and have no idea what to buy for them! Cue a last-minute panic, trawling the shops searching for the right Christmas […]


HMRC penalties and how to avoid them

Nobody wants be fined, but unfortunately when you run a business there are various penalties you run the risk of facing. Whether you file your own tax returns or have an accountant submit your VAT for you, any liability for penalties for late returns, late payments or any errors on […]

Are You Ready For Making Tax Digital?

The HMRC launched a pilot for a new online VAT service last month, inviting more than half a million businesses to try it before it is rolled out to all businesses on 1st April 2019. What is Making Tax Digital (MTD)? If you haven’t already heard of Making Tax Digital […]

Magpie Acc Blog - Accountants_ When is a cake not a cake

When is a cake not a cake?

When it is a biscuit! True… No VAT is charged on plain biscuits or cakes. But when a biscuit is covered in chocolate it becomes a luxury and standard rate VAT at 20% is added to the price. Mcvities, famous for their Jaffa Cakes, added chocolate to the cake and […]