At presentations and in articles I have often quoted the Tax gap as being the major driving force behind the whole MTD agenda and specifically within the tax gap HMRC’s avowed desire to reduce the gap they attribute to small businesses. The point of course being that with 80%+ of small ...
On the back of news that the AAT have just announced 3 new entry level qualifications which take up to 12 weeks to complete it would appear that the appetite for qualifications is there but are they being fulfilled?
I ask the question because recently it was announced that 48,000 people ...
Throughout November and on into December 2017 Vat dominated many a conversation with fears up to the Autumn budget that the threshold was going to be reduced by the Chancellor and has turned to the implications of MTD starting in April 2019.
With Vat revenues of just about £120bn ...
I know its January and I know we are all busy with Tax Return filings but equally as they say “Life goes on” and as many of us are processing our client’s Workplace Pension schemes here is a timely reminder that from 6 April the rate of minimum deduction is increasing.
In January 2018 HMRC hope to have issued something in the order of 400,000 simple assessments or to give it their correct name forms PA302. So the chances are that one of your clients may well have received one so here are a few facts about the assessments which HMRC are looking to form a ...
The run up to the filing deadline of 31st January is always a difficult time for Accountants as they try to lodge client’s Returns before the deadline and thus save them late filing fines.
Every Accountant knows that clients who have self-employed income or rental income in any given ...
I’m paraphrasing the famous Monty Python sketch “What have the Romans done for us?” because every Accountant in practice has been confronted by a prospective client who says “so what can you do for me?” In the Python sketch the answer starts with “the ...
I’ve been re-visiting MTD and it’s big brother MTDfB and the fact that we are now on our third and supposedly final timetable, which of course HMRC basically said about the first two.
The basic start time for quarterly profits reporting has moved from April 2018 to April 2020 ...
Frankly astonishing news from HMRC recently when they announced that they would no longer accept personal credit card payments to settle paye penalties. Which to me is bad enough but they also has said that they will not accept part payments by even a company credit card or debit card so in ...
An open letter to parents of three and four year olds from a day nursery in the midlands.
Tomorrow many of us should be rejoicing in delight as we are now apparently receiving 30 hours free care for our 3 and 4 year olds!
The Government will no doubt be praising the new initiative as a huge ...