HMRC’s have begun the introduction of their landmark Making Tax Digital (MTD) regime. This means that tax payers will be required to move to a fully digital tax system. With the new system, businesses with a taxable turnover above the VAT threshold of £85,000...
Recently, HMRC put out a statement warning young people in the UK to ‘stay vigilant’ in order to avoid being victims to tax refund scams. HMRC warns that both young and elderly individuals tend to be targeted by criminals as they are ‘more likely to...
The P11D forms, which report details of benefits and some expenses provided to employees and directors, for the year end 5 April 2019 are due for submission in 85 days on July 6th. Gathering the required information can take some time so make sure you prepare early in...
Recently, the government have published additional documents with advice on Brexit for small businesses in the UK. This information is meant to help business owners to ‘understand how leaving the EU may affect their business’. The documents provide advice...
During March, UK factories stockpiled resources at an explosive rate in preparation for Brexit. This was an unexpected 13-month high, something that has been unseen before in a major rich economy. The IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI)...
UK retail sales grew by an annual 4.0% in February, which is only a slight decrease from January’s 2 year high of 4.1%. With Brexit on the horizon and the threat of an economic collapse within the UK, why are British shoppers still spending so much? Well, with a...
