In our previous article we introduced the Government’s Making Tax Digital (MTD) scheme and outlined who it affects, when, and why it’s being phased in. This follow-up focuses on practical preparation. With mandatory start dates beginning in April 2026 and April 2027,...
It’s a difficult time for the legal profession – it’s facing increased financial, regulatory, and operational pressures, from a range of sources. Firms are having to balance compliance, profitability, and cash flow management while adapting to meet these pressures, in...
As an accountancy firm working with a broad range of clients, we’re closely following the rollout of HMRC’s Making Tax Digital (MTD) scheme. Whilst not yet applicable to all, it represents a significant shift in how taxable income is reported, and ties into HMRC’s...
The change of government and advancement in technology has brought about significant changes over the last few years. And – as we’re probably all aware – there’s more still to come. With the aim of keeping you abreast of what these changes mean for you, the...
As part of HMRC’s push towards ‘Making Tax Digital’, important changes are coming for the reporting requirements of Benefits in Kind (BiKs) – and you absolutely need to take note. Following feedback from stakeholders, HMRC have recently announced that the original...
October last year marked the first Labour budget in over a decade – and as expected, it held a large number of changes that affected individuals and businesses in unequal measure. As a ‘halfway point’ designed to give the Chancellor an opportunity to outline progress...
