News Archive
Business Relief and Inheritance Tax Planning
An overview of Business Relief, formerly known as Business Property Relief and its importance in Inheritance Tax Planning.
Embracing Making Tax Digital
How keen is the UK, in general, to embrace HMRC’s Making Tax Digital (MTD) initiative? Are we lagging behind other countries in adopting a digital system and have we gone far enough to digitise all business processes, rather than just the integration with the tax system?
What can we do to help as inflation soars?
How can we help you to mitigate the impact of inflationary pressures and protect margins? By bringing both revenues and expenses sharply into focus.
Making Tax Digital for Income Tax Self-Assessment
HMRC has widened the pilot and simplified the quarterly requirements of Making Tax Digital for Income Tax Self-Assessment or MTD for ITSA for taxpayers with gross income from self-employment between £10,000 and the £85,000 VAT threshold, but many are concerned that the trial is too limited, the timescale too tight and the detail too brief to mean taxpayers will be ready for the April 2024 deadline.
Making Tax Digital for Income Tax Self Assessment Update
Stuart Hulland, Partner at Bates Weston gives an update on the next phase of Making Tax Digital, MTD for Income Tax Self Assessment, now that the MTD VAT deadline has passed.
Charities and Not for Profit Newsletter
Read our round up of the hot topics affecting the Charities and Not for Profit sector in our latest newsletter.
The Spring Statement 23 March 2022
In his Spring Statement, Mr Sunak announced a 5p cut in fuel duty, an alignment of NI thresholds with personal tax allowance from July 2022, and promised a 1p cut in income tax, but not until April 2024.
Help To Grow: Digital support scheme
Is your business looking to grow by adopting digital technologies? We take a look at the Government’s Help To Grow: Digital Scheme.
Delay in reform of VAT penalty system
The reform of the VAT penalty system, which brings consistency to late payment and interest penalties and replaces the default VAT surcharge with a points based system, has been delayed until January 2023.
Complex picture from Charity Commission research
Charity Commission Research uncovers complex impacts of the pandemic on charities and suggests adaptability may be key to long term success.
Government response to Capital Gains Tax Review
A summary of the Government’s response to the recommendations made by the Office of Tax Simplification Capital Gains Tax Review
The Glasgow Climate Pact
The headlines from the Glasgow Climate Pact and signposting to resources to help SMEs rise to the challenge.
Services for all business sizes
All the help you need as your business grows. Call us to see how we can help.
