Back in November last year we first mentioned that the Government is making serious moves towards making tax digital, a change that will affect all businesses, large and small. Explaining all the changes that are due to come over the next few years will hopefully help our readers and clients to keep on top of their tax affairs. For that reason we’ve decided to bring you this update on the latest news regarding the Government initiative.
Around this time of year, many business owners struggle with making payments of income tax, corporation tax and VAT all at once.
Published: 19 January 2017 | Category:
The right to minimum rest periods is enshrined within legislation, and a recent case has the potential to cause a lot of headaches for employers who are unprepared for the ramifications.
The government announced in the Autumn statement that the flat rate VAT scheme is going to change. Some businesses on the scheme will now have to apply a rate of 16.5% rate, ostensibly to crack down on businesses manipulating their VAT payments.
With many staging dates still to come in 2017, we thought this would be an ideal time to remind our customers of the penalties that can come about as a result of non-compliance to auto enrolment.
Published: 6 December 2016 | Category: Tips
Nobody needs a tax headache at Christmas - so we’ve put together these top tips to help address a few of the more common questions we get at this time of year.
The government is planning some serious changes to the way tax reporting and self-assessment in the UK works.
Capital allowances are not a particularly well-understood part of the property sales process, but they are highly relevant for virtually every business and property investor. In this article, we’ll outline six of the most common myths we’ve seen regarding capital allowances.
Published: 2 November 2016 | Category: News
The Low Pay Commission (LPC) has been in talks recently with the Government concerning changes to the minimum wage for workers. The latest result of these talks came into force from the 1st October, and was an increase in the minimum wage for under 25’s and apprentices.
Fee protection insurance is a specialist insurance policy provided by your accountant that covers all of our professional fees in the instance that HMRC (H M Revenue & Customs) requests an enquiry of any type against you or your business.