Chancellor’s Spring Statement

Chancellor’s Spring Statement

On the basis you’ve probably heard enough about Brexit! In our latest newsletter we focus on the Chancellor’s Spring Statement and the implications for you or your business. As we head towards Brexit, the Chancellor has pledged to spend £26.6bn to boost the economy.... read more
Year End Checklist

Year End Checklist

With only weeks to go until the end of the tax year, it’s time to check that you have everything ready and are making the most of your tax reliefs and allowances. Prepare for your Payroll year end Get your P6-s ready.Check when your payroll ends. Does your payroll end... read more
Final Countdown towards Making Tax Digital

Final Countdown towards Making Tax Digital

In the 2017 Budget the Government set out plans to roll-out digital tax returns from April 2018. Unincorporated businesses and landlords would have to file income tax returns this way, if their annual turnover exceeded the VAT registration threshold – although... read more
What is Making Tax Digital?

What is Making Tax Digital?

Making Tax Digital (MTD) is a government initiative to improve and streamline the way HMRC collects tax. It comes into force on 1 April 2019 and means, for affected businesses, a change to the way they prepare and file VAT returns. Specifically: HMRC’s online VAT... read more
Making Tax Digital

Making Tax Digital

From April 2019, HMRC’s much vaunted ‘Making Tax Digital’ (MTD) scheme will apply to VAT registered traders, who have a turnover above the VAT threshold. Businesses with a turnover below the threshold (£85,000) will not be required to use the system, although they can... read more
Are you holding assets in Offshore Accounts?

Are you holding assets in Offshore Accounts?

From October 2018, HMRC will be introducing new legislation that will dramatically increase the potential for fines for individuals (or companies) that use Offshore Accounts to evade tax. If this affects you read on! We also take a look at tax credits and what to do... read more