Welcome to the Winter 2021 Edition of ProActivity
Welcome to the Winter 2021 edition of ProActivity, well timed to provide you with an update on the announcements of the Autumn Budget, and resulting implications for businesses and individuals. Relieving the pressure on businesses Although the Autumn Budget has been...
Basis year periods – A question for sole traders…
HM Revenue & Customs has kicked the ‘Making Tax Digital’ can down the road for another year. You could be forgiven for hoping that this would mean you could put off thinking about it for a while, however, unfortunately for many, this is not the case. Why? Well, if...
MTD | A guide to app integrations with cloud accounting software
Update on Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) The Government recently announced that MTD for Income Tax Self Assessment (ITSA) will be introduced a year later, in the tax year beginning April 2024. Don’t celebrate too quickly, the MTD...
What reforms to business rates mean for firms in England
Overdue reforms to business rates in England were announced in last month’s Autumn Budget 2021. Chancellor Rishi Sunak finally released the details of an eagerly-awaited report into what many consider to be a failing regime. Business rates in England are paid by...