29/07/2020
All self-employed professionals that declare annual income over £10,000 via self-assessment tax returns will then be entered into Making Tax Digital (MTD) from April 2023 for the 2023-24 financial year.
21/07/2020
We are often asked if it is beneficial to purchase a car through the business. Over the last few years we have seen the evolution of more environmentally friendly cars, particularly electric vehicles, so does this mean that an electric car is more tax efficient?
03/07/2020
If you are due to make a payment on account of Income Tax on 31st July 2020, then you have the option to defer the payment until 31st January 2021.
03/06/2020
The current COVID-19 pandemic has resulted in extreme cashflow pressures for a substantial number of businesses, with many looking to delay paying different types of tax liabilities to HMRC.
24/04/2020
HMRC launched the much-anticipated Coronavirus Job Retention Scheme (CJRS) portal, accessed via the Government Gateway. It went live on Monday (20 April 2020) allowing businesses to claim support for their furloughed staff to cover up to 80% of their salary.
