The Government is committed to the “Making Tax Digital” (MTD) project which is scheduled to start in April 2018 with … Read More
In his first Budget on 8th March the new Chancellor Phillip Hammond announced that he would level the playing field … Read More
New tax-free childcare accounts were announced in 2014 to replace the employer-provided childcare voucher scheme. Introduction has been delayed by … Read More
In addition to the current £5,000 tax free dividend allowance and the personal savings allowance of up to £1,000 there … Read More
The government have re announced the £1,000 tax allowance that starts from 6 April 2017. This was first announced in … Read More
The £85,000 limit was in effect for almost five years until 3 July 2015. The limit was then reduced to … Read More
A recent case reminds us of the need to have a complete national insurance record in order to claim full … Read More
Tax relief for businesses on cars is restricted. Cars purchased are generally excluded from the 100% annual investment allowance enjoyed … Read More
Where credit card sales have been omitted from business takings, HMRC are encouraging taxpayers to come forward and make a … Read More
Many small businesses and organisations are using Receipt Bank to simplify their bookkeeping process. The cost starts from £10 per … Read More