Making Tax Digital Part 2

Should HMRC delay Making Tax Digital for VAT?

Nov 26, 2018

The Lords Economic Affairs Committee says the Government need to listen to small businesses and delay the rollout of Making Tax Digital for VAT programme by at least a year. Recently, the House of Lords’ Economic Affairs Committee has called for ...

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SMEs urged to claim broadband vouchers

Nov 22, 2018

The Government is urging SMEs make use of a scheme that can earn them a £2,500 voucher towards the installation of fibre optic broadband. Since it was launched, more than 7,000 UK businesses and surrounding homes have received funding towards the ...

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Scam alert blog

HMRC warns university students over fake tax refunds scam

Nov 19, 2018

Recently there have been a number of UK university students who have been targeted by fake tax refund emails. HM Revenue and Customs (HMRC) reported that thousands of students have been targeted by hackers, who have tried to obtain their financial ...

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Money

Wages showing fastest increase in almost a decade

Nov 15, 2018

According to the latest figures from the Office for National Statistics (ONS), wages rose at the fastest pace in nearly a decade in the three months to September. When comparing the figures with the same period last year, wages - excluding ...

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Making Tax Digital

Bringing tax into the 21st century

Nov 12, 2018

In a world where everything is done online such as banking, paying bills and shopping, it makes sense for HM Revenue and Customs (HMRC) to bring tax affairs fully into the 21st century. Making Tax Digital (MTD) is part of the ...

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Inheritance Tax

HMRC considering reforming trusts that allow families to pay less inheritance tax

Nov 08, 2018

Hundreds of thousands of taxpayers could be affected by potential reforms of the financial arrangements that allow them to pass on their wealth. For decades, trusts have been set up in various forms by hundreds of thousands of families attempting to ...

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TAX

How the Budget has affected high earners

Nov 07, 2018

Since the autumn Budget, it is estimated that there are now one million people who will effectively face a 60 per cent tax rate on their income. The current flaws in the tax system mean that if you are a mum ...

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Autumn Budget 2018

Oct 29, 2018

The sun was already edging behind the London skyline by the time Chancellor Philip Hammond rose to the despatch box to deliver the first Monday Budget since 1962 – pushed back to 3.30pm because of later Parliamentary sitting times on ...

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business strategy

Creating a great business strategy

Apr 23, 2018

  When many of us think about business strategy, academics and expensive business consultants tend to spring to mind. The good news is that creating a really great business strategy doesn’t have to be complex. Put simply, a strategy is what ...

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Phil's twins

New arrivals

Mar 20, 2018

We would like to congratulate Phil Welsby and his wife Michelle, on the arrival of their twin girls Elise Vee and Esther Minnie who were  born on Tuesday 13th March weighing 5lb 9oz and 5lb 4oz. Congratulations from the Walker Begley Team!...

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