From 1 April 2019, VAT-registered businesses with a taxable turnover above £85,000 will need to comply with Making Tax Digital (MTD). If this is news to you, or if you haven’t finished preparing yet, you’re not alone. A recent survey from the Federation of Small...
Tax investigations are often a stressful experience – there’s no denying that. But a significant part of that stress can come from uncertainty, especially if you’re not familiar with the investigation process. Understanding what to expect in the event that you’re...
For many people, the new year is a time for a fresh start – whether that’s a lifestyle change, or a new way of working. Contracting is often an appealing option for those looking to make a change, offering a level of flexibility, freedom and independence that’s hard...
You might have been counting down the days since October, or maybe you’re just starting to put up your decorations – either way, Christmas is nearly upon us. But while you’re winding down for the holidays, don’t forget that the deadline for self-assessment isn’t far...
On 29 October 2018, Chancellor Philip Hammond gave what is expected to be the last Budget speech before the UK is scheduled to leave the EU. To save you the trouble of searching through pages of documents to find out what’s relevant to you, we’ve taken a closer look...
Increasing numbers of people are using cloud technology in their daily lives, whether that’s for storing files or collaborative working. In much the same way, more businesses are choosing cloud-based options to manage their accounts, rather than sticking with desktop...
Starting next spring, thousands of businesses will have to meet new requirements for digital tax record-keeping and reporting. Is your business one of them? Making Tax Digital (MTD) is a government initiative to deliver a digital taxation system, theoretically making...
If you’re a residential landlord with undeclared rental income in the UK or abroad, you have the chance to save on HMRC’s penalties by making a disclosure now. You can do this through the let property campaign, which intends to give individual landlords “an...
In the middle of the holiday season, preparing for self-assessment is probably the last thing on your mind. But as a landlord, the tax rules you’ll need to consider are often complicated and frequently subject to change. It’s a lot to get to grips with, and not...
With the all the tax changes that have affected landlords in recent years, you’d be forgiven for not noticing an accounting change that came into effect on 6 April 2017. For those not in the know, most landlords now prepare their accounts using the cash basis. The...
When you start seeing results, you’ll have more time to focus on what matters most. That’s the joy of a great partnership.