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Making Tax Digital

SMEs priorities shift as they look past pandemic

George Hay Chartered Accountants Academies, Accounting, Annual Accounts, Business, Business Advisory, Business Support, Cashflow, Charities, Charity accounting, Colin Airey, Coronavirus, Economic / Business News, Employers, George Hay, HMRC, Hospitality, Industry Sectors, Large businesses, Legal, Making Tax Digital, Online Accounting, Outsourced Services, Property, Research & Development, Retail, Small businesses, SMEs, Team Member, Toni Hunter May 20, 2021business advice, cash flow management, charities, cloud accounting, COVID-19, futureproof, income, management accounts, non-profit, scaling, SMEs, staffing, technology, UK200 Group 0 Comment

As some semblance of ‘normality’ begins to return post-pandemic, SMEs priorities are shifting in line with this. This is according to research conducted by the UK200 Group and its members, of which we are one, in April 2021. When surveyed

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Tax Day 2021; What can we expect?

Sarah Dixon Academies, Accounting, Business, Business Support, Business Taxation, Charities, Economic / Business News, Employers, George Hay, HMRC, Hospitality, Industry Sectors, Inheritance Tax, Large businesses, Legal, Legislation, Making Tax Digital, Personal Taxation, Property, Property Taxation, Research & Development, Retail, Sarah Dixon, Self-employed, Small businesses, Start-ups, Tax, Team Member, VAT March 16, 2021March 17, 2021budget summary, COVID-19, landlords, MTD, self-employed, Spring Budget, tax day, VAT 0 Comment

Just weeks after the Chancellor’s Spring Budget, the Treasury will hold what is being dubbed ‘Tax Day’ on 23 March. A raft of consultations which relate to tax policy, but that do not impact upon Government finances, will be released

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MTD soft-landing period extended in response to Coronavirus

Caroline Hicks Accounting, Business, Business Support, Business Taxation, Caroline Hicks, Deadlines, Economic / Business News, HMRC, Making Tax Digital, Online Accounting, Tax, Team Member March 31, 2020accounting records, coronavirus, COVID-19, digital, Kashflow, Making Tax Digital, MTD, online accounting, Sage, soft-landing period, VAT, VAT return, Xero 0 Comment

Under normal circumstances, the MTD “soft-landing period” would come to an end tomorrow (1 April 2020). However, in response to the current Coronavirus outbreak, HMRC have confirmed that the period of leniency will now be extended for a further 12

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We’ve been out and about to… the Xero Roadshow 2019!

Samantha Green Academies, Accounting, Business, Business Support, Business Taxation, Charities, Economic / Business News, Employers, George Hay, GH Events, GH Team News, Industry Sectors, Legal, Making Tax Digital, Property, Samantha Green, Self-employed, Small businesses, Tax, Team Member July 23, 2019Accounting Software, cloud accounting, Making Tax Digital, MTD, VAT, Xero 0 Comment

Back in May, I went along to the Xero Roadshow 2019 at The Belfry Hotel & Resort, in Birmingham. Xero took their roadshow to 11 cities between 8 May – 11 June, hosting hundreds of accountants and bookkeepers at each

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HMRC relax MTD ‘supplier statement’ policy

Caroline Hicks Academies, Accounting, Business, Business Support, Business Taxation, Caroline Hicks, Charities, Deadlines, Economic / Business News, HMRC, Industry Sectors, Legal, Legislation, Making Tax Digital, Property, Property Taxation, Self-employed, Small businesses, Tax, Team Member June 26, 2019August 7, 2019Accounting Software, expenses, filing, HMRC, Kashflow, Making Tax Digital, MTD, MTDfV, online accounting, petty cash, purchase invoices, Sage, spreadsheet accounting, supplier, Tax, VAT, Xero 0 Comment

HM Revenue & Customs’ (HMRC) latest Making Tax Digital (MTD) policy update will translate into a significant time saving for many businesses that adopt spreadsheet accounting. MTD for VAT was introduced in April 2019, for all UK businesses making annual

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Businesses deem UK tax system ‘unfair’

Martin Williams Academies, Accounting, Business, Business Support, Business Taxation, Charities, HMRC, Industry Sectors, Legal, Legislation, Making Tax Digital, Martin Williams, Payroll, Property, Small businesses, Tax, Team Member June 10, 2019cashflow, compliance, costs, HMRC, legislation, small business, SME, Tax, tax policy, UK 0 Comment

A survey of over 1,000 businesses[1], conducted by the British Chambers of Commerce, has revealed that a large number feel the UK tax system is fundamentally ‘unfair’ and disproportionately penalises them. More than two-thirds of the respondents reported being concerned

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Small trading tax exemption increases

Toni Hunter Accounting, Business, Business Support, Business Taxation, Charities, HMRC, Industry Sectors, Legislation, Making Tax Digital, Small businesses, Tax, Team Member, Toni Hunter May 15, 2019May 17, 2019charity, CIO, governance, income, Making Tax Digital, Tax, third sector, trading, turnover, VAT 0 Comment

On 5th April 2019, changes to the small trading exemption for charitable companies and CIOs came into effect. The same changes took effect for unincorporated charities on 1st April 2019. A charity is considered to be ‘trading’ if it sells

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Making Tax Digital

Tax Day 2021; What can we expect?

MTD soft-landing period extended in response to Coronavirus

HMRC relax MTD ‘supplier statement’ policy

Businesses deem UK tax system ‘unfair’

Small trading tax exemption increases

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