Experts welcome Government delay to digital tax reforms
A delay to tax reforms which would have seen sole traders and small businesses obliged to keep digital records and report income quarterly to HMRC has been welcomed by financial experts.
Expert urges business owners to act over new tax hike
A tax expert at accountants and business advisors Whitley Stimpson is encouraging business owners to take action after the after the Government announced a 1.25 per cent tax hike on dividend payouts as part of its new Health and Social Care Levy.
Why electric company cars are tax-efficient
Have you had a scary P11D? If so, now could be the time to consider company cars and EVs.
Are you having issues understanding the VAT reverse charge?
It has been just over four months since the introduction of the domestic VAT reverse charge for building and construction services. This major change for the construction industry moved the responsibility to the customer who receives a construction service. Customers...
Getting ready for the MTD extensions
Making Tax Digital (MTD) originally came into force from April 2019 in a bid to transform tax administration. There are now extensions to MTD being introduced which may affect those that are not currently required to follow the MTD rules.
