Making Tax Digital – Important dates announced

Making Tax Digital (MTD) is the electronic filing of tax information to HMRC, and there have been some important dates announced this week. MTD for VAT Since April 2019, most VAT-registered businesses with taxable turnover above the VAT threshold of £85,000, have been mandated to keep digital VAT records and to [...]

By |2020-08-18T11:01:15+01:00July 24th, 2020|Blog, Tax|0 Comments

We’re having an election – What are the tax policies of the main parties?

What are the various parties Taxation Policies? With an upcoming election seemingly now inevitable each party are making pledges around Taxation – we look at what these are likely to be. Conservatives The Conservatives promise Investment in an “infrastructure revolution” with money for broadband, roads, the NHS, schools and police. Corporation [...]

By |2020-01-15T14:02:13+00:00October 30th, 2019|Legal, News, Tax|0 Comments

Making Tax Digital Update

You will be hearing more and more Making Tax Digital (MTD) over the next 6 weeks.  MTD is, according to HMRC, “a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs” MTD for VAT means a [...]

By |2019-01-14T16:42:37+00:00January 14th, 2019|News, Tax|0 Comments

MTD FOR VAT – Some Good News

Have you noticed that there always seem to be some change happening, something on the horizon to prepare for – auto-enrolment, GDPR and now Making Tax Digital. They say change is inevitable, but it does get a bit tiresome when it’s as relentless as seems to have been the last few years. Anyway, [...]

By |2020-08-18T11:03:37+01:00September 17th, 2018|Blog, Tax, Xero|0 Comments

Some Key Tax changes in April 2018 you should be aware of!

Pension Changes  If you have an auto-enrolment pension scheme set up and are deducting pensions already then, the amount of pension contributions you will deduct and contribute for and behalf of your employees is changing. The minimum contribution you must make increases from the current minimum of a total contribution of 2% of qualifying earnings [...]

By |2020-08-18T11:03:37+01:00February 2nd, 2018|Blog, Tax|0 Comments
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