Worried of Newbury

Worried about MTD
Apr
21
Posted 2017 by Chris Davies

Making Tax Digital is under a year away, yet we have learned today that there is a flaw in HMRC’s self-assessment software for 2016/17 affecting the dividend and savings allowance introduced in April 2016. This… Read More

Why and how you should move your accounts to the Cloud

Mar
19
Posted 2017 by Chris Davies

Traditionally businesses have kept their accounting records in three general formats; manual records, spreadsheets and desktop systems. Each of these has always been less than adequate but with the advent of cloud computing their weaknesses… Read More

What does making tax digital mean for you?

Making tax digital
Feb
6
Posted 2017 by Chris Davies

Making Tax Digital, or MTD as its commonly known, is the Government’s plan to make the UK the world’s most digitally advanced taxation system. HMRC believe that MTD will help eliminate estimated annual tax losses… Read More

The Year Ahead For Farmers

Jan
26
Posted 2017 by Chris Davies

As 2016 came to a close, our thoughts inevitably turned to the year ahead and what it holds. There are few who, at the start of the year, expected to finish 2016 with Britain set… Read More

Making Tax Digital Update

Making Tax digital
Jan
7
Posted 2017 by Chris Davies

If you are in business you may not be aware, but from 2018 most businesses, the self-employed and landlords will need to use specialist software or apps to record and categorise receipts and expenses and… Read More

My dog ate my tax return!

My dog ate my tax return
Jan
5
Posted 2017 by Chris Davies

If you have been asked to complete a self-assessment return for 2015/16 then you have until the end of January to submit the form online to HMRC. If the return does not reach HMRC in… Read More

VAT blow to small businesses

2016 Autumn statement VAT flat rate scheme 16.5%
Nov
28
Posted 2016 by Chris Davies

I can recall the introduction of the VAT Flat Rate Scheme in 2002, which was originally fanfared as a simplification measure for small businesses. After such a long time I don’t recall the exact rates… Read More

The case for Making Tax Digital

Making Tax digital
Nov
5
Posted 2016 by Chris Davies

You may have heard us talk a lot about Making Tax Digital (MTD) recently. But why is the Government so keen to press ahead with this project? After all, millions of taxpayers file their tax… Read More