Making Tax Digital shelved

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Making Tax Digital (MTD) shelved! The Treasury has removed 72 of the 136 clauses from the Finance Bill so that they could get it through Parliament before it is dissolved ahead of the General Election. Amongst the key proposals that have been shelved are plans to ‘Make Tax Digital’ by forcing …

New tax forum for start-ups

Daniel Carey All Members, Public Leave a Comment

An online forum for start ups and small business owners has been launched by HMRC. The Small Business Forum is divided into three categories: starting your business, growing your business and managing your business. Registered forum users can post questions about filing tax returns, paying tax and using HMRC’s digital …

Tax boost for hobby and micro businesses

Admin All Members

In recent years HMRC have been trying to clamp down on people running small online businesses in their spare time and have used a number of initiatives to encourage people trading online to register as businesses even if they are only trading on a very small scale. At the same time, HMRC have …

National Living Wage

Admin Non Members

The Government’s new National Living Wage is now law. If you’re working and aged 25 or over and not in the first year of an apprenticeship, you are legally entitled to at least £7.20 per hour. That’s an extra fifty pence per hour. The Government is committed to increasing this …