I am sure many of us can’t wait for the long Easter weekend to get here. If it feels like it has come early this year, you are correct. This year the bank holiday has come a lot sooner than previous ...
READ MOREGiven that it is the biggest overhaul to the way that taxes are filed in decades, it is no wonder that Making Tax Digital (MTD) for Income Tax has a whole host of additional considerations to manage. As the timing when ...
READ MOREMore than £55 billion worth of side hustle sales data is to be handed to HMRC by platforms, as the tax authority ramps up compliance on small online traders and service providers. Platforms, such as eBay and Airbnb, have once again ...
READ MOREFresh off a wave of regulatory changes designed to improve transparency and efficiency with filings, business owners are having to take stock of new administrative responsibilities. The changes to Companies House and HMRC filings are not finished yet and many have ...
READ MOREWhen a business sells an asset such as property, land or equipment, the resulting gain can trigger a Capital Gains Tax (CGT) liability. However, if the proceeds are reinvested into new business assets, it may be possible to defer that tax ...
READ MOREOn the surface, it might seem odd that there would be an entire week dedicated to tax awareness when so many people seem to live in constant dread, knowing their obligations loom overhead. However, it is useful to take the time ...
READ MOREMany businesses felt as though they had been entirely overlooked by the Autumn Budget, as costs were set to rise without much support. The Spring Statement was a chance to change direction and provide assistance to businesses. This did not happen, so ...
READ MOREGoing into the latest Spring Statement, the Chancellor made it very clear that this would not be a full fiscal event and that any new policy changes would be off the table. Rising to her feet in Parliament that ...
READ MOREWith so many changes hitting businesses in April, it is difficult to keep track of them all. One that may slip under the radar for some business owners is the change to maternity and paternity pay. As this will take effect from ...
READ MOREAs Making Tax Digital for Income Tax edges ever closer for many sole traders and landlords. However, according to new research sections of those affected by the new digital reporting requirements for income tax remain unclear, unconvinced or unprepared for this ...
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