News and information.

From details on the latest government Budget to accountancy information, tax insights, and staff news, we've got you covered.

Are you on top of Making Tax Digital’s latest developments?

25th July 2022 blog

The widening scope of Making Tax Digital (MTD) is highlighting several issues, including the limited availability of the MTD for income tax pilot scheme, and low awareness of the recent expansion of MTD for VAT to all VAT registered businesses.

CONTINUE READING

Charitable giving pitfalls

8th June 2022 blog

Many individuals donate to charity simply for altruistic reasons, but this doesn’t mean the tax benefit should be ignored. With Gift Aid donations saving tax at an individual’s marginal rate, donors need to watch out for any pitfalls that might preclude relief.

CONTINUE READING

HMRC withdraws P11D PDF alternative

8th June 2022 blog

HMRC has decommissioned its interactive PDF that businesses have been using to submit up to 150 P11Ds. For 2021/22, former users will instead have to turn to HMRC’s PAYE online service or use commercial payroll software.

CONTINUE READING

Making Tax Digital update

26th May 2022 blog

Making Tax Digital (MTD) will become mandatory for the self-employed and landlords in 2024. Although there is no major news, a recent webinar co-hosted by HMRC has shed more light on the sign-up process, the use of spreadsheets and joining the pilot scheme.

CONTINUE READING