Making Tax Digital (MTD) is steaming ahead
It was rumoured that the Minister for HMRC had to decide this month whether the Making Tax Digital (MTD) project should be stopped, postponed, or [...]
It was rumoured that the Minister for HMRC had to decide this month whether the Making Tax Digital (MTD) project should be stopped, postponed, or [...]
Employers can opt to reimburse qualifying subsistence expenses incurred by their employees when travelling for work using the benchmark scale rates set by HMRC. This [...]
Self-assessment tax returns for 2017/18 need to be filed online by 31 January 2019. However, if an individual wishes to take advantage of the opportunity [...]
The VAT Flat Rate Scheme, known as FRS, for small business's is a simplification scheme which allows VAT registered traders to work out [...]
HMRC say the driver behind making tax digital (MTD) is to reduce human errors which may be introduced into the accounting records by retyping, or [...]
Employer provided childcare vouchers can only be provided to employees, so the self- employed can’t take advantage of the tax and NIC savings they bring. [...]
All businesses who sell digital services (such as ebooks, online video etc) to non-business customers in other EU countries need to account for the VAT [...]
Recent government statistics have revealed that out of the four million eligible couples, around half are still not benefiting from the income tax Marriage Allowance [...]
For returns from the period beginning 6th April 2013 a voluntary form of cash basis accounting was introduced but only for unincorporated trading businesses with [...]
HMRC appears to be increasing challenges it makes under the IR35 rules, but it doesn’t always win the argument at the tax tribunal. The latest [...]