The timetable for Making Tax Digital has been thrown into doubt over the election reshuffle.
Author Archives: myersclark
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The Pensions Regulator Spot Checks
Businesses are warned that inspection teams will be making visits across the country over the coming months in order to confirm employers are meeting their auto-enrolment duties. The checks will began with London-based employers in March and have moved on to Greater Manchester. There will be more inspection in other towns and cities over the next month.
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Research & Development Claims – Enhanced Tax Relief
Research and Development (R&D) tax incentives continue to help the UK to maintain its position as a globally competitive place to do business.
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IR35: Working in the Public Sector
Changes to the tax rules for personal service companies in the public sector have led to anger and some confusion.
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Tax Restriction Starts to bite Landlords
If you are a buy to let landlord, you will almost certainly be aware that the restriction on tax relief for finance costs started to bite from 6 April this year.
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Calculating property income: the cash basis threshold
Many more small businesses can now use the simplified cash basis of calculating profits following a big increase to the entry limit.
We’ve got some tips on what to prioritise when deciding which cloud accounting software is best for your business.
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Lifetime ISAs Unpacked
The new Lifetime ISA (LISA), available since 6 April 2017, is a useful addition to the range of government-assisted savings products. The opening of a LISA is restricted to individuals aged 18 to 39, but once you have one, you can save up to £4,000 each year up to the age of 50 – and receive a 25% government bonus on your contributions.
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Unwelcome Surprises from the Chancellor's Budget
A couple of months on from the Chancellor’s Budget and we are reviewing two surprises which could be bad news for many taxpayers.
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Charities: Related Party Transactions
What is a Related Party? Parties are considered to be related if one of the parties has the ability to control or significantly influence the other when making financial or operative decisions. What individuals are considered a Related Party? ‘Primary’ Charity Trustees Officers, agents or employees who have responsibility for directing, controlling significant activities or […]