Making Tax Digital for VAT – New penalties for non-compliance
HMRC have issued guidance for VAT-registered business and their agents on how to avoid penalties for non-compliance with the Making Tax Digital for VAT (MTD) rules. In particular, there is a new £400 per return penalty if you file a return but do not use functional...
Connecting businesses with finance via new evolving platforms
The business finance landscape is evolving. Keeping interest rates artificially low for so long during the pandemic has created, in many financial experts’ opinions, an over-evaluation of assets now causing investors to be more nervous than they usually would be...
Changes to NHS pensions this April 2022
From 1 April this year, all public sector pensions will be subject to the outcome of the McCloud judgement, signalling significant changes to NHS pensions. We spoke to Zeeshan Hussain from FK Medical, a specialist in medical practitioners’ financial affairs, to find...
A guide to app integrations with cloud accounting software
As well as now being necessary in most business cases, cloud accounting software has the added benefit of being able to connect other apps to your accounting software to further reduce the amount of time spent on data processing and increase efficiencies. Below we...