Finance Bill Update

Along with yesterday’s announcement that the implementation date for Making Tax Digital has been pushed back, H M Treasury also acknowledged that the uncertainty following the removal of the majority of clauses from the Finance Act 2017 to enable the Bill to be passed through Parliament before the snap election in June, is causing difficulty […]

Making Tax Digital Delay

The Government announced yesterday that the implementation date for Making Tax Digital has been delayed; with the earliest that digital records are required will be for VAT purposes only, from April 2019. We are pleased that the Government has listened to concerns from the accountancy professional bodies, businesses and the Treasury Select Committee that the […]

HMRC online service problems

Despite wanting to be “most digitally advanced tax authority in the world” HMRC online service problems continue.   HMRC are once again experiencing difficulties with their online services, with delays in the online reporting facility for employment-related securities (“ERS”) and the new trust register going live.  The problems follow continuing issues with the new online tax-free childcare […]

‘White Van Man’ Under Attack. The Self employed under fire in the Budget 2017.

Budget 2017: The Government’s attack on the self -employed will stifle entrepreneurship and discourage those who want to go it alone. The self-employed and company directors have once again come under fire in the Budget, with the Chancellor seeking to reduce the gap between the amount of tax and national insurance (“NIC”) that an employee […]