What are the opening hours?

Monday 9am - 5pm Tuesday 9am - 5pm Wednesday 9am - 5pm Thursday 9am - 5pm Friday 9am - 5pm

Glover Stanbury - Chartered Accountants and Business Advisers

Home
United Kingdom
Bideford
Glover Stanbury - Chartered Accountants and Business Advisers

Call Directions Website

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Glover Stanbury - Chartered Accountants and Business Advisers, Accountant, 27 Bridgeland Street, Bideford.

28/10/2026

Today is Budget Day, will you be watching?

27/10/2026

When is VAT on cars reclaimable?

A business can normally only reclaim VAT on the purchase of a car if the car is not available for any private use whatsoever. This is a very strict test. Typically, the business must be able to demonstrate that private use is prohibited and impossible in practice.

Examples where VAT recovery may be allowed are set out in HMRC guidance and The Value Added Tax (Input Tax) Order 1992 and include:

• A car used exclusively as a taxi.
• A driving school vehicle with dual controls.
• A car acquired solely for resale by a motor dealer.
• A car held for short-term hire.
• A company car kept permanently on business premises and not available for private use.

In most owner-managed businesses, VAT on the purchase of a company car cannot be reclaimed because the vehicle is available for private use, even if actual private use is minimal.

VAT on running costs of a car, such as repairs and servicing, is usually recoverable to the extent they relate to the business.

Contact us if you have, or are contemplating, the purchase of a car for business purposes and we can advise on this.

24/10/2026

It's that time of year again where the clocks go back an hour!

02/10/2026

This week both our offices have baked and ate some lovely cakes all in aid of Macmillan Cancer Support. Well done to all our bakers and thank you to all who donated to the charity.

24/09/2026

HMRC has begun writing to landlords where the information it holds from third parties does not appear to match the taxpayer's records. The letters encourage recipients to review whether all rental income has been declared and remind them of their obligations under Making Tax Digital (MTD) for Income Tax.

HMRC receives information from a variety of sources, including tenancy deposit schemes and other statutory reporting systems. This data is increasingly being used to identify landlords whose tax returns may not accurately reflect their property income.

If you receive one of these letters, it is important not to ignore it. HMRC asks landlords to review their position and take action by the deadline stated in the correspondence. Where there is undeclared rental income, HMRC expects the taxpayer to make a disclosure. If there is nothing to declare, HMRC should still be informed using the contact details provided.

The stakes can be significant. HMRC warns that if it later opens a compliance check or criminal investigation, any disclosure made at that stage may be treated as a "prompted" disclosure, potentially leading to higher penalties.

The letters also remind landlords to consider whether they have any capital gains tax obligations following the disposal of a rental property and whether they fall within MTD for Income Tax.

For landlords, the message is clear: ensure rental income is fully declared and maintain accurate records. If you receive such a letter, please notify us as soon as possible, as we can help.

21/09/2026

Making Tax Digital for income tax - An update

Making Tax Digital (MTD) for Income Tax became mandatory from 6 April 2026 for sole traders and landlords with combined gross income from self-employment and property exceeding £50,000, based on their 2024/25 tax return. Qualifying income is measured before expenses are deducted.

The scope of MTD will widen in future years:

• From April 2027, it will apply to those with qualifying income above £30,000.
• From April 2028, it will apply to those with qualifying income above £20,000.

Under MTD, affected taxpayers must keep digital records and submit quarterly updates to HMRC using compatible software, together with an end-of-year submission.

HMRC has recently announced that they will begin automatically signing up taxpayers from September 2026 where they believe the taxpayer should already be using MTD but has not yet registered. The sign-up process will be carried out in stages and could affect around 294,000 taxpayers. HMRC says that they will notify the taxpayer once they have been signed up.

If you receive a letter or digital notification from HMRC, do not ignore it. You should review your MTD status immediately, check that HMRC's information is correct, and ensure you have suitable MTD-compatible software in place. If you believe you qualify for an exemption, or HMRC's records are incorrect, action should be taken promptly.

If you are unsure whether MTD applies to you, or you have received an HMRC sign-up notification, please contact us. We can review your position, ensure you meet your obligations and help you establish a compliant and efficient MTD process.

05/08/2026

If your at the North Devon Show today, come and visit us at our stand in the Members Mall, enter our competition to win our handmade sheep 🐑 made by Susan in our Barnstaple Office. Have a chat with Nigel, Toby and Becky and enjoy a tea or coffee. We hope to see you soon.

04/08/2026

We are pleased to once again be sponsoring the Sheep Fleece Classes and Shearing Marquee at the North Devon Show on Wednesday 5 August. Visit our stand at the Members Mall Stand 4 where you can chat to our team, grab a tea or coffee and enter our competition.

03/08/2026

We are at the North Devon Show again this year, come and find us at the Members Mall Stand 4, have a chat to Nigel, Toby and Becky. We will have tea and coffee available and a competition to win our homemade sheep and lambs

We look forward to seeing you there.

02/08/2026

Big Thank You! 🤩

Glover Stanbury - Chartered Accountants and Business Advisers for their incredible support this year! ❤️

Address

27 Bridgeland Street
Bideford
EX392PZ

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Telephone

+441237471881

Website

http://www.gloverstanbury.co.uk/

Alerts

Be the first to know and let us send you an email when Glover Stanbury - Chartered Accountants and Business Advisers posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.