Making Tax Digital for VAT: how to prepare
Usman Ali AhmedMaking Tax Digital (MTD) for VAT will be extended to almost all businesses from next year, firms have been reminded. [...]
Need Help to Grow? Learn about the latest Government-backed support for SMEs
Usman Ali AhmedThe Help to Grow campaign was first announced in the Spring Budget earlier this year but received yet another mention [...]
How will the National Minimum Wage increase impact my business?
Usman Ali AhmedThe National Minimum Wage (NMW) will increase across all age groups from next year, the Chancellor has announced. […]
Autumn Budget Summary 2021
Usman Ali AhmedWith the Speaker of the House of Commons by tradition not presiding over the Budget, the Chancellor might have hoped [...]
MTD for Income Tax delayed until April 2024, HMRC confirms
Usman Ali AhmedMaking Tax Digital (MTD) for Income Tax will be delayed until April 2024, the Government has confirmed. It means self-employed [...]
What are year-end accounts and how can I prepare for them?
Usman Ali AhmedIf you’re new to business, year-end accounts may seem like a daunting prospect. But with the right preparation, advice and [...]
Landlords face tough new digital tax rules from 2023
Usman Ali AhmedFrom April 2023, landlords with an annual property income above £10,000 will have to comply with the Making Tax Digital [...]
How to understand the new clocking up of penalty points on tax returns
Usman Ali AhmedThe taxman has confirmed that its new penalty points system for late tax payers will come into effect for the [...]
How will the National Insurance and dividend tax increases affect me?
Usman Ali AhmedTaxpayers face an increase in their National Insurance contributions (NICs) and dividend tax rates from 2022. To explain how this [...]
Why your Self-Assessment payments on account could be too high this year
Usman Ali AhmedIf you are a seasoned Self-Assessment taxpayer, you will be familiar with the cash flow challenges that come with paying [...]