Unfortunately late payments are a longstanding problem that so many SMEs are all too familiar with, and recent government figures report that an outstanding £23.4 billion is currently owed to…
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Making Tax Digital (MTD) now applies to all VAT-registered businesses in the UK, no matter what their annual turnover. This means that you need to keep digital accounting records and…
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Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) – the requirement for the likes of landlords and the self-employed to manage their accounts digitally via government-approved software –…
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You’re never too old or too young to start a new business. Whether you’re fresh from university or are newly retired and looking to make a little bit of extra…
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As part of its initiative to clamp down on rogue landlords, it’s estimated that HMRC has recently sent out over 600 letters to landlords whom it believes has undeclared rental…
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For landlords in Wales, the Renting Homes Act will probably come as no surprise. It was originally passed in 2016 but was delayed for many reasons, but it finally came…
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As the deadline nears, time is running out to complete your Self Assessment. So if you’re tackling it yourself this year and haven’t submitted it yet, our advice is –…
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There’s promising news for the UK crypto industry as at the end of October, Parliament’s lower house – the House of Commons – agreed to regulating cryptocurrency as financial instruments…
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The way in which penalties and interest are applied for late payment and submission of VAT returns is changing from 1st January 2023, which will affect anyone submitting a VAT…
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Last week, the new-new Chancellor, Jeremy Hunt, delivered the new-new Autumn Budget in Parliament. There’s some good news; inflation is predicted to begin to fall half way through 2023. And…
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