Making Tax Digital: preparing accountants for MTD

3 years ago

Next year sees the rollout of the extension to Making Tax Digital for self-employed people, which means accountants need to…

HMRC advisory fuel rates from 1 September 2021

3 years ago

HMRC have published company car advisory fuel rates for use from 1 September 2021. The rates apply when employers reimburse…

Small businesses urged to cut carbon emissions

3 years ago

UK Net Zero Business Champion, Andrew Griffith MP, has sent a letter to industry sectors encouraging smaller businesses to cut…

Accountants must play key role in application of AI

3 years ago

As artificial intelligence (AI) becomes more mainstream accountants need to lead the way in adopting it as part of environmental,…

91% of SMEs support change to tax year

3 years ago

 A survey by accountancy firm BDO found that 91% of mid-sized businesses overwhelmingly support a change to the tax year…

Impact of Covid-19 pandemic on transfer pricing

3 years ago

Previously accepted comparables used for establishing a company's transfer pricing policy might not be comparable due to the impact of…

HMRC must incentivise business R&D spending

3 years ago

Reform of the overly complex research and development (R&D) tax credits system is long overdue and would release funding for…

Cryptoassets for businesses – tax implications

3 years ago

The tax implications of buying, using and selling cryptoassets from the point of view of a person (an individual or…

Combatting late payment

3 years ago

Late payment continues to be a chronic problem small enterprises face. As the business community looks forward to a post-pandemic…

STEP warn all small businesses drawn into MTD in April 2023

3 years ago

The Society of Trust Practitioners (STEP) has claimed that HMRC’s proposals to reform accounting basis periods will push all small…