Making Tax Digital

Making Tax Digital

HMRC are proceeding with their plans to digitise tax administration. We believe that they will further develop their systems so that, when a VAT return is submitted online, they will interrogate the software used for the VAT return submission and ask it if VAT has...
A summary of the situation

A summary of the situation

The current health situation 14 days of Statutory Sick Pay per employee to be met by the Government in full. Business properties with rateable value less than £51,000 will pay no Business Rates. The amount of the Cash Grant that was going to be £3,000 to certain Small...
Breaking down the budget

Breaking down the budget

During the Great Depression, President Franklin D. Roosevelt stated in his Inauguration Speech in 1933, “the only thing you have to fear is fear itself”.   Fear The official response to a problem tends to bring about a situation worse than the problem. For...
Making Tax Digital

VAT

This blog is based on points from the Chancellor’s 2017 Budget.   The VAT registration threshold is £85,000 per annum and will be for the next two years.  Once again, the Government is kicking all the possible changes into touch until the proposed date of...