Last year, HMRC imposed a record £860m in penalties on individual taxpayers, up 24% from £694m in 2017/18, according to accounting group UHY Hacker Young In 2018/19 (year-end May 31st), HMRC imposed a record £860m in penalties on individual taxpayers, up 24% from £694m in 2017/18, according to UHY Hacker Young. An increasing number of people are struggling […]
How does Summer affect you? Many business owners struggle with taking time away from their business. It’s important to have time away to recharge the batteries and to re-evaluate where you are going with it. If you are a small micro business you might not have an army of staff to take care of things […]
Many VAT registered businesses with a taxable turnover above the VAT threshold are now required to use the Making Tax Digital service to keep records digitally and use software to submit their VAT Returns. To start the process you will need: Compatible software to submit your VAT Return Information about the business you’re signing up A Government […]
If you’re looking for an Accountancy Firm to handle book keeping, payroll, taxation or to conduct company audits for you or your business, you want to be sure that you’ve picked the right people for the job. When you’re making such a big commitment, it’s crucial to spend some time with your potential accountants – […]
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