Just a reminder to all of you who have to pay tax both in January and July – your second payment on account is due to be paid by 31st July 2018 which is this coming Tuesday. You should have received a statement from HMRC confirming the amount due but if you are not sure…

Fancy some nice reading during these long hot summer days …….! HMRC has issued the MTD for VAT notice alongside a communications plan for advisers to use to educate their clients about MTD. There are also now 18 approved MTD for VAT software providers. VAT notice This VAT notice 700/22: Making Tax Digital for VAT, expresses…

Making Tax Digital is coming into force from April 2019 for those businesses above the VAT threshold and VAT registered.  There is a lot of work being done by all the software houses to ensure that their software will be compatible with MTD requirements. One of the software companies, Quickbooks, have recently advised that Lloyds business…

30 September 2018  is a really important date for anyone who may have previously undisclosed offshore income and gains. 30 September is the date by which clients will have had to disclose income and gains and settled any tax liabilities arising. The date is critical because a number of new laws become effective from that…