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What to do when you receive a VAT assessment

The reason for HMRC sending you an assessment is that you are late submitting your Vat Return. If you pay the assessment you could wait a very long time for them to correct the amount after you send in your Return, which is especially annoying if they owe you money!...

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Should we set up our family business as a Partnership?

There are many reasons for not choosing a Partnership in your position, for instance: They are less tax efficient than Limited Companies Partners must pay Class 4 National Insurance All Partners are responsible for all debts Partnerships can result in disagreements if...

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Ask AMS Videos

In 2007 we had the idea of publishing short articles in the local press which could be useful for small businesses. Our approach was to answer questions frequently asked by our clients with clear and genuinely helpful answers.

The natural progression was to produce videos and since 2015 our video library has increased to over 80 videos in 7 different categories.

We make every effort to stay relevant to small business and contractor issues – hopefully you will find them useful and easy to understand!

See how we can help you

If you are a small business or a Contractor – we are here for you. We will help you through all stages from setting up to reviewing your existing business – making sure that you have the most tax effective structure.

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