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...
What is MTD? Making Tax Digital – or MTD – is the UK’s biggest tax shake-up in a generation. For any companies that file a VAT return, you will soon have to do it in a new format that is MTD compliant. This is in order that HMRC can move everyone to...
Following the issue of some no deal Brexit guidance and technical notices, in August, the government has issued further notices with the aim of helping both businesses and individuals to prepare in the event of a UK-EU agreement not being realised. The second and...
It has previously been reported that the Enterprise Management Incentive scheme State Aid approval lapsed on 6 April 2018. HMRC had previously warned that EMI share options granted in the period from 7 April 2018 until EU State Aid approval was received may not be...
GDPR Looms! New data protection rules from General Data Protection Regulation – GDPR, will replace the Data Protection Act in the UK from 25 May 2018. The General Data Protection Regulations are designed to safeguard personal data of citizens from EU member...
HMRC have recently set up a new online forum and webchat facility to provide help for small businesses and the self employed. This new HMRC online help for small business is aimed to give guidance to interested parties. It aims to provide guidance on starting in...
