Making Tax Digital VAT: are you ready? Making Tax Digital (MTD) will commence in April 2019 under the current Government timetable. Initially this will only be for VAT purposes, with the wider roll out of MTD having been delayed until the system has been shown to...
Introduction to tax rates We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. ...
Canny romantics: The tax benefits of getting married Considering popping the question on Valentine’s Day? Here we look at some of the tax breaks married couples can benefit from and how it can pay to get hitched. 1. The Marriage Allowance The Marriage Allowance can...
What is Making Tax Digital? (MTD) MTD is the biggest shake-up of the personal tax system in 20 years and will fundamentally change the way taxpayers report to HM Revenue & Customs (HMRC) and keep their business records. Taxpayers will be required to keep records...
Pension Planning As we approach the end of the 2016/17 tax year, there are real opportunities to add value to your overall tax planning process. In the lead up to the 5 April 2017, the payment of contributions to a registered pension scheme can bring many tax...
Spring Budget 2017: Predictions Philip Hammond will deliver his Spring Budget on 8 March. This will be the first and last ever Spring Budget, as the main tax announcements will be switched to the autumn in future. But what can we expect when the Chancellor delivers...
The public consultation on the Making Tax Digital (MTD) project has failed to change HMRC’s plans in any significant way. The timetable for implementation of MTD remains April 2018 and the income threshold for inclusion in the programme remains at £10,000. What is...
Autumn Statement predictions The Autumn Statement 2016 on Wednesday is set to be an important event. It will be the Chancellor’s first opportunity to outline his plans for taxes & spending in the wake of the Brexit vote. But what tax changes can we expect in the...
Welcome to our fifth edition of the SME tax corner. There have been some big recent changes to a number of taxes that will bring both good and bad news to small businesses and their owners. In this month's SME tax corner, ahead of the 2016 Budget in a few weeks, we...
Making Tax Digital VAT: are you ready? Making Tax Digital (MTD) will commence in April 2019 under the current Government timetable. Initially this will only be for VAT purposes, with the wider roll out of MTD having been delayed until the system has been shown to...
Introduction to tax rates We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. ...
Canny romantics: The tax benefits of getting married Considering popping the question on Valentine’s Day? Here we look at some of the tax breaks married couples can benefit from and how it can pay to get hitched. 1. The Marriage Allowance The Marriage Allowance can...