Making Tax Digital Update

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

VAT blow to small businesses

2016 Autumn statement VAT flat rate scheme 16.5%
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

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

Supporting local Charities

Posted 2016 by Chris Davies

Last week, one of our staff Jenny Bowden, met Judith Colby from the Lions Club of Newbury Charity Fireworks who explained that thousands of Newbury locals responded with disappointment when they learnt earlier this year… Read More

Tax Credits Warning

Posted 2016 by Chris Davies

We are constantly reminding our clients to be vigilant about scam or “phishing” emails promising money back, particularly at this time of year, just ahead of the 31 July Tax Credits renewal deadline. If a… Read More

HMRC gets bloody nose

Posted 2016 by Chris Davies

All too often HMRC will point to a minor point of law, which seems to fly in the face of common sense, in order to penalise the poor taxpayer. Consequently, it was with a wry… Read More

Are you ready for the new dividend tax?

Posted 2016 by admin

Business owners and shareholders need to reassess their position on dividends ahead of changes to the way they are taxed next month. At present there are considerable savings to be made in National Insurance contributions… Read More