by Lisa Dickson | Oct 29, 2022 | HMRC and tax
MTD non-compliance penalties also published. After much anticipation from accountancy bodies and businesses, HMRC has finally updated its guidance on Making Tax Digital (MTD), filling in several blanks. HMRC updated some of its informational pages on GOV.UK in late...
by Lisa Dickson | Oct 15, 2022 | Small Business Accounts
How to make savings during the cost-of-living crisis. Nobody wants one, but a recession in the UK is looming, with the Bank of England (BoE) and British Chambers of Commerce (BCC) predicting the UK will enter one by the end of 2022. The monetary policy committee of...
by Lisa Dickson | Oct 1, 2022 | Newsletters
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month’s insights below, or download our Newsletter and read it at your leisure. Highlights Chancellor announces biggest tax cuts in 50 years Bank of...
by Lisa Dickson | Sep 23, 2022 | HMRC and tax
Make use of these allowances while they last. When a business incurs costs, such as salary payments or stationary procurement, it can usually fully deduct them as expenses from its taxable profits, reducing the tax due. However, when it buys assets for operational...
by Lisa Dickson | Sep 8, 2022 | Business Advice
An overview of the Government’s seven steps. Hiring an employee for the first time is an exciting moment for any business owner. Suddenly, you’ve got another pair of hands to help out with jobs that used to fall entirely on you – and with that extra support, new...