Wilkins Kennedy LLP | Wilkins Kennedy

Latest Comment

Coping with loss at the top

Adam Anstey

Adam Anstey

If any of your senior management team were to leave suddenly, how would your firm cope? Do you know how much commercial damage such a departure could do to your firm? Moreover, if the person leaving has any significant profile … Read More >>

Business | Business advice | Uncategorized

Latest Press

Orpington film wins award following lengthy HMRC battle

Top-20 accountancy firm, Wilkins Kennedy’s Orpington office were celebrating success on behalf of a client this week, following a prestigious award-win against the odds.

London -based Roar Film Entertainment Ltd, shot an independent film, Abducted, early last year. Wilkins Kennedy was brought on board to help with the film tax credit, however, faced a battle with HMRC who questioned the validity of the film.

Tax Dates

7 May 2015

UK General Election

31 May 2015

Foreign Account Tax Compliance Act (FATCA) returns due (Calendar Year 2014)

1 June 2015

Small businesses to consider compulsory enrolment of staff in workplace pension

WK Tax Factor

Prompt Payment Discounts

From 1st April 2015 VAT law in connection with prompt payment discounts is changing. The changes will not only affect those businesses that offer prompt payment discounts to customers but also those who receive invoices offering a prompt payment discount.

The current VAT legislation is relatively simple with the amount of VAT declared on the invoice as well as the amount of VAT the recipient of the supply can treat as input tax being calculated on the discounted price. The amount of VAT does not change even if the prompt payment discount is not taken up by the customer.  - See more 

Stay up to date

Twitter Linkin Facebook Google plus