According to recent statistics, 40% of UK small business are blissfully unaware of the Government’s Making Tax Digital (MTD) plans. With three months until the go-live date in April this year, that is a worrying figure. While 1.1 million business are set to fall under the scope of MTD for VAT, that equates to 440,000 … Continue reading Are You Aware of Making Tax Digital?
We would like to invite you to join us at our Xero Hints & Tips Seminar taking place on Wednesday 4 July between 1pm and 3pm at the Greenmeadow Golf and Country Club in Cwmbran. As always, our invitation goes out to all who may be interested in attending this FREE event. So if you know … Continue reading Xero Hints & Tips Seminar – 4 July 2018
We would like to invite you to join us at our Introduction to Xero Seminar taking place on Wednesday 4 July between 9am and 11am at the Greenmeadow Golf and Country Club in Cwmbran. As always, our invitation goes out to all who may be interested in attending this FREE event. So if you know someone … Continue reading Introduction to Xero Seminar – 4 July 2018
The issue of VAT is currently at the fore of the government’s Making Tax Digital (MTD) initiative. Here we provide an overview of the latest position. What’s changed? MTD was previously set to be implemented between 2018 and 2020. However, in response to concerns raised by experts over the pace and scale of the changes, … Continue reading Making Tax Digital for VAT: An Update
The Treasury have delivered what is potentially good news for many (yes, you have read that correctly). Making Tax Digital, or MTD to give it its affectionate moniker, has been both delayed and reduced in terms of requirement. For businesses that are VAT registered, VAT returns will still have to be submitted via MTD compatible … Continue reading Making Tax Digital Delayed until 2020
Does your business currently use Xero or are you considering moving your accounting to a cloud based system? We would like to invite you to the Parkway Hotel and Spa in Cwmbran, on 8 June 2017, between 9am and 11am, to teach you how to utilise Xero to its full potential and how Xero can benefit your … Continue reading Introduction to Xero Seminar – 8 June 2017
Following on from the Chancellor's first and last Spring Budget, we are pleased to provide you with our summary of the key announcements, along with our tax tables for the 2017/18 tax year: The main changes include: The tax-free dividend allowance will be reduced from £5,000 to £2,000 from April 2018. Class 4 national insurance contributions … Continue reading 2017 Budget Review