Various changes have come into force this April in the employment arena, some of which could significantly impact small businesses.
Why is the system so confusing, and how can you get the most out of it?
With Brexit dominating the headlines it’s easy to forget that March is a busy time in the world of Tax.
Making Tax Digital, or MTD as it’s now well known, is finally here and businesses should act soon to ensure they are fully compliant.
The majority of UK businesses are required to be MTD-compliant by 1 April 2019. Here we explain a bit more about the penalties you may face if you are not compliant in time, and if you then miss payments.
No matter how small your business, you will benefit from going digital with your accounting, rather than relying on paper and spreadsheets.
Making Tax Digital (MTD) may seem like an obstacle right now, but it’s being introduced as a way of eradicating the dreaded tax return. Going digital means using cloud accounting software, and in a world driven by digital, MTD actually seems to be late to the party.
Making Tax Digital (MTD) is being gradually rolled out by the government over the next couple of years, meaning that different businesses will be affected at different times. The first deadline, ‘Making Tax Digital for VAT’, is coming up at the end of March 2019.
Brexit is nearly upon us, and it’s important to note that a no-deal Brexit is still the default position for the UK if MPs can’t agree on an alternative.
Yesterday Chancellor of the Exchequer, Philip Hammond, presented the Autumn Budget for 2018. In this blog we’ve pulled out the key details affecting your business and personal accounting, including changes to Income Tax, the National Living Wage / Minimum Wage, private sector IR35, support for high street businesses, capping of R&D tax relief, entrepreneurs’ relief, and pensions.
The Government have recently announced a consultation on extending the practices introduced last year regarding IR35 in the public sector to the private sector.