by main-user | Jul 15, 2022 | Business Success, HMRC, Making Tax Digital, Tax, Technology
Companies and sole traders who have not yet finalised their plans to comply with Making Tax Digital need to board the last train departing this month! The very latest you have to comply with Making Tax Digital (MTD) for paying VAT is August 7, so gather all your VAT...
by main-user | Jun 13, 2022 | Accounting Online, Business Success, Making Tax Digital, Tax
Many leave their tax return until the last minute. It’s definitely a human trait to want to delay doing something we find boring! However, if you get your tax return for the 2021/22 tax year completed sooner rather than later, you will have some benefits that could...
by main-user | Jan 12, 2021 | Making Tax Digital, Tax
New Year’s Resolutions 2021 to Save Tax – Planning New Year’s Resolutions 2021 to Save Tax – At this time of year we think about New Year’s resolutions. It is also a good time to start planning your tax affairs before the end of the tax year on 5th...
by main-user | Aug 7, 2020 | Accounting Online, HMRC, Making Tax Digital, Tax
HOSPITALITY VAT REDUCTION Hospitality VAT: When the Chancellor announced a temporary cut in the rate of VAT for the hospitality sector and attractions in his Summer Statement on 8 July there were a number of areas that needed clarification. The reduction applies to...
by main-user | Mar 20, 2020 | HMRC, Tax, The Budget
The Budget – 11 March 2020: MORE MONEY FOR THE NHS AND INFRA-STRUCTURE IN THE BUDGET Rishi Sunak received a “hospital pass” when he was appointed Chancellor and was required to deliver the first Budget in nearly 18 months within a month of his appointment. He...
by main-user | Mar 2, 2020 | Accounting Online, HMRC, Self Employed, Tax
From 6 April 2020 Did you know that from 6 April 2020 the off-payroll working rules are extended? Under the new rules, medium and large private sector organisations engaging workers providing their services through an intermediary, such as a personal service company,...