The Government’s aspiration for the UK tax system is that all taxpayers should submit their accounts information to HMRC directly from accounting software. The first step towards this new digital world will be taken by VAT registered businesses. From 1 April 2019, VAT registered businesses which have an annual turnover of £85,000 or more will […]
Read More…Welcome to Hills & Peeks
About Us
We are professionally qualified number crunchers and have a wealth of knowledge about your industry. Whether you’re a creative individual, a business, an entrepreneur or needing advice with your personal taxes, we know how to help you make the most of your opportunities.
Hills and Peeks is a well-established business based in Worthing, West Sussex. Over the years we have built up our firm by providing a high quality, efficient and very personable service – resulting in our reputation for hard work, integrity and professionalism. Our clients come from a variety of business sectors and are based all over the UK and internationally. They range from sole traders, businesses and limited companies to events and festival organisers.
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Enjoy your Entrepreneurs’ Relief
When you sell some or all of the shares in your company, you should expect to pay Capital Gains Tax (CGT) on any profits you make. This tax is normally charged at 20% for higherrate taxpayers, but Entrepreneurs’ Relief can reduce the CGT payable to 10%. To qualify for Entrepreneurs’ Relief you need to be […]
Read More…How to split a business
A business must register for VAT when its turnover for the last 12 months exceeds £85,000. It must also look forward and judge if its turnover in the next 30 days alone will exceed £85,000. This threshold has been frozen since 1 April 2017, and it will remain at that level until at least 1 […]
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BBC Business
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- How Japan's trade row with South Korea could hit tech supplies July 22, 2019A trade row between Japan and South Korea could pose a threat to supplies of smartphones and devices.
- Should robots ever look like us? July 22, 2019Some think humanoid robots will be easier to interact with, but others think we'll find them creepy.
- Could Iran tensions push up petrol prices? July 22, 2019Oil and petrol prices have only risen modestly because of the crisis in the Gulf, but that could change.