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The mandatory use of software for Making Tax Digital for Income Tax Self-Assessment is being phased in from April 2026. Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) was due to [...]

How HMRC assesses profits for sole traders and partnerships who use an accounting date between 6 April and 30 March will change from 6 April 2023. This change will not affect companies. Your [...]

What happens to your business when you build the trust and social capital of your team? If your team lack connection, engagement, trust and commitment in their relationships with each other and [...]

Wright Vigar are delighted to be sponsoring Growth/Scale Up Business of the Year at the Lincolnshire Enterprise. The awards are designed to get help your business gain recognition in Greater [...]

Chancellor Jeremy Hunt delivered the 2022 Autumn Statement on Thursday 17 November. The Chancellor froze the thresholds to a number of personal taxes and cut the threshold for the additional rate [...]

How to increase taxes without increasing tax rates This has clearly been the title of Jeremy Hunt’s bedtime reading since he was appointed, and every possibility has been explored and exploited [...]

If you file your VAT returns or make your payments after the deadline for VAT periods beginning on or after 1 January 2023, new penalties will arise instead of the default surcharge. The way VAT [...]

HMRC is encouraging business owners, employers and the self-employed to check online to make sure they are not missing out on a range of tax reliefs and allowances. One page summary of all tax [...]

The new form of the Recovery Loan Scheme (RLS) is designed to support access to finance for UK businesses as they look to invest and grow. Businesses can use the finance for any legitimate [...]

Simon moved to Wright Vigar in June 2022 having worked in practice for over twenty years. Simon manages a portfolio of clients, providing audit and business advisory services primarily for [...]