There are now six months until the scope for MTD for Income Tax opens up to sole traders and landlords earning over £30,000 ahead of 6 April 2027.
Six months until MTD pulls in one million more taxpayers: What you need to do now
Blogs
Pensions are washed – How Gen Z’s abandonment of pensions impacts employer obligations
A common topic of debate among those financially savvy is how young is too young to begin saving for retirement.
Andy Burnham unveils a £210 million package to regenerate high streets: The ‘punishing’ tax burden’s impact on the high street
In late September, Andy Burnham announced a £210 million cash injection into high street regeneration to convert vacant, derelict buildings into cafes and community hubs.
Undeclared medical sector consultancy income becomes latest target of HMRC intervention
HMRC is currently sending out letters to people conducting consultancy work in the medical sector in an effort to close part of the tax gap.
How can your accountant help you with Bookkeeping?
Bookkeeping is often the least favourite task for business owners, but it remains essential. Read more
Why do profitable businesses still face cash flow challenges?
Unfortunately, a business can be profitable and still face cash flow challenges. While this may seem nonsensical, it is an issue that many SMEs face as they balance liquid funds against everyday realities. Read more
Tis the season for sickness – How powering through harms productivity
Following the brutal summer of blazing heat and droughts, the weather has shifted as colder air sweeps through the country. Read more
Following the latest Facebook fad? Did you know you need to pay tax on your cake shed?
While honesty boxes have long been a part of British culture, little sheds are popping up at the end of people’s front gardens that hold a mass of homemade cakes, brownies and sourdough bread.
An average loss of £700 – the true cost of not listening to an accountant
Accounting support from social media and AI might seem helpful at a time when people are looking to bring down costs, as it is effectively free.
Invoice financing vs overdrafts: Which one closes your cash flow gap?
Cash tied up in unpaid invoices, with upcoming payroll and other business costs pending, can be frustrating and destabilising for many SMEs.