Excuses for missing the 31 January tax return

Ten of the most terrible excuses for missing the 31 January tax return deadline have been revealed by HM Revenue and Customs (HMRC). Many of the excuses claim it was someone else’s fault – pets, girlfriends, work colleagues and even the President of the United States...

Child Benefit Claw Back

If you or your spouse/partner claim child benefit, and at least one of you has adjusted net income of £50,000 or more for the year, the highest earner must declare the benefit on their tax return in order to pay back part or all of the child benefit as a tax charge....

Workplace Pension / Automatic Enrollment Changes

Minimum pension contributions will increase on 6th April 2019 What you need to do It is your responsibility under the Pensions Act 2008, to make sure the right minimum contributions are being paid for your staff. If you are already paying above the increased amounts,...

Benefits of Cloud Accounting

Cloud-based services have been rapidly growing in popularity in recent years, with businesses of all types taking advantage of the many benefits cloud platforms can offer. Here are five ways cloud accounting could benefit your business. Accessibility Cloud-based...

What Is Making Tax Digital

Making Tax Digital (MTD) is the most fundamental change to the administration of the tax system for at least 20 years.The essential elements for businesses and landlords are: Paper records will no longer be sufficient: It will become mandatory for almost all...