By Tom Maxwell In Advice, Blog, NewsPosted 05/04/2022 Making Tax Digital (MTD) is now mandatory for VAT-registered businesses MTD became mandatory for all VAT registered businesses on 1 April 2022. The government states that MTD helps taxpayers get their tax returns right by reducing common mistakes as well as saving [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 01/04/2022 Towards Net Zero Top tips to help your business move towards net-zero carbon. Businesses need to lead the way in moving towards net zero carbon emissions. There is no quick fix so businesses need to start the [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Tax TipsPosted 30/03/2022 Tax relief for employee travel where there is “hybrid” working During the COVID-19 pandemic many employees were required to work from home. Since restrictions have been lifted, employers have put in place “hybrid” working arrangements whereby employees work [...] 0 Read More
By Tom Maxwell In Advice, NewsPosted 30/03/2022 HMRC raises rates on overdue taxes HMRC has raised the interest rate that applies to overdue taxes to 3.25%, up from 2.6% in April 2020 and the third increase since the start of the year. The higher rates take effect on April 5 [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 29/03/2022 EU Trade tips updated – Keep your goods moving in or out of the EU Full customs controls are now in place for trading between Great Britain (England, Scotland and Wales) and the European Union (EU). This means full customs declarations and payment of relevant [...] 0 Read More
By Tom Maxwell In Advice, Blog, Business BitesizePosted 29/03/2022 Business Breakthrough – New Skills Fast Build a successful business when you build the skills of your team… How often do you and your team learn new skills? Are you put off by the time and cost investment or by your team’s reluctance [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Treasury UpdatesPosted 24/03/2022 Spring Statement 2022 Rishi Sunak presented his Spring Statement on Wednesday 23 March 2022. So, what exactly did the Chancellor say and, more importantly, what did it actually mean? A summary of this year’s Spring [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 22/03/2022 Annual Tax on Enveloped Dwellings (ATED) Rate Changes ATED is an annual tax payable mainly by companies that own UK residential property valued at more than £500,000. You will need to complete an ATED return if your property is a UK dwelling and was [...] 0 Read More
By Tom Maxwell In Advice, BlogPosted 22/03/2022 HMRC urges caution as fraudsters seek to attack personal tax accounts HMRC is warning individuals not to share their personal information online to avoid their identities being used to claim bogus Self-Assessment tax refunds. HMRC is aware that criminals are [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 17/03/2022 Reminder – Final claims for the Statutory Sick Pay Rebate Scheme The Statutory Sick Pay rebate scheme closes today 17 March 2022 and you will no longer be able to claim back Statutory Sick Pay (SSP) for your employees’ coronavirus-related absences or [...] 0 Read More