Latest

23/07/19 12:27

MTD has gone live, but has anyone noticed?

Unless you have been living in Outer Mongolia for the last two years (which is probably a very nice place), you can't have missed the endless wittering in tax and accounting circles about HMRC's introduction of Making Tax Digital, nearly ...


27/05/19 15:22

What IS an allowable Business Expense?

So often, we as accountants are asked by clients what type of expenses incurred are allowable against business profits for tax. The starting definition is that you can claim for any cost incurred "wholly and exclusively for business" and those ...


08/02/19 15:25

Making Tax Digital - We Are Ready

With only two months until MTD for VAT begins, we have acquired an MTD VAT Product Licence from an HMRC approved software supplier, and we are ready to file Returns. We are in the process of registering VAT clients for ...


25/11/18 21:25

Fixing a System that was not broken.

The VAT system was not broken. It was a well understood process, with Returns submitted online on HMRC's simple portal. Whether by the influence of IT bookkeeping vendors, or misguided thinking within HMRC, this system is to be removed and ...