The VAT registration threshold has been fixed at £85,000 from 1 April 2017 until at least 31 March 2022. This may bring more businesses into the VAT fold, if they increase their prices with the rate of inflation. This threshold can be a cliff edge for many businesses as, once VATable turnover exceeds it, the […]
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.
News
The ATED trap
The Annual Tax on Enveloped Dwellings (ATED) applies when a company (and certain other bodies) owns a UK residential property worth over £500,000. The charge applies for the year from 1 April, but the ATED return, and any payment due, must reach HMRC by 30 April within that period (i.e., by 30 April 2019 for […]
Read More…Timing is everything
The end of the accounting period for your business is a key point for tax planning. You can save or delay tax by moving income and expenditure between accounting periods. For instance, advancing the acquisition of assets to just within your current accounting period will mean the capital allowances associated with those assets can be […]
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BBC Business
- Karl Lagerfeld, Chanel fashion designer, dies aged 85 February 19, 2019The fashion world pays tribute to the giant, who was working right up until his death.
- Asda sales growth slows amid 'challenging' trade February 19, 2019Sales growth eased at the UK's third largest supermarket chain as Brexit uncertainty affected shoppers.
- Estonia orders Danske Bank branch to shut February 19, 2019The bank's Tallinn branch has been at the centre of a money-laundering scandal.
- Rail firms say pre-paid ticket issue 'now resolved' February 19, 2019Passengers were not able to collect pre-paid tickets from machines across the country.