Making Tax Digital – Are You Signed Up Yet?

Making Tax Digital – Are You Signed Up Yet?

All VAT Returns must now be submitted under the new “Making Tax Digital” (MTD) system for anyone over the VAT registration threshold of £85,000. This means that you can no longer send your data via the old government gateway. If you have not already, you will need to...
Calls to simplify Everyday Tax

Calls to simplify Everyday Tax

OTS calls for simplifying everyday tax for smaller businesses A report by the Office of Tax Simplification (OTS) calls on the government to prioritise action to ‘address long-standing concerns about the experience of smaller businesses’. The report...
Entrepreneurs’ Relief changes

Entrepreneurs’ Relief changes

The government announced, as part of the Budget, that some changes are being made to the rules for Entrepreneurs’ Relief (ER) with immediate effect for disposals on or after 29 October 2018. Two new tests are to be added to the definition of a ‘personal...
Advisory fuel rates Sep 2018

Advisory fuel rates Sep 2018

New company car advisory fuel rates have been published which take effect from 1 September 2018. The guidance states: ‘You can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company...