What does HMRC mean by being digitally compliant? In the spring 2015 Budget, the Making Tax Digital (MTD) initiative was first announced. This introduced the requirement for quarterly reporting to HMRC via digital records for small businesses, landlords and the self-employed over […]
As an accountant I’m keen to spot new business talent. Where better to look than within the new crop of entrepreneurs hidden amongst the 12 million millennials, living in the UK today? Not everyone agrees with me. LinkedIn is peppered with articles branding millennials as easily distracted, obsessed with smartphones and lacking the ability to…Read More
My resolution this year is my biggest personal challenge to date – complete the London Marathon to raise funds for Action for Children. My marathon journey has striking similarities to advice I give clients developing a business plan. To succeed you need a vision, objectives and a goal. To reach your goal and make…Read More
2019 is the beginning of the end of the tax return as we know it. From April 2019 VAT registered businesses turning over more than £85,000 pa will be required to submit their first quarterly return using software and keep their records digitally. This leaves very little time to make changes to your accounting processes.…Read More
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