Making Tax Digital – Update
HMRC are continuing with Making Tax Digital. Find out what they have planned…
NEWS
TAGGED: HMRC
Advisory Fuel Rates from March 2017
These rates apply from 1 March 2017 and have remained constant (with the exception of petrol cars with engines over 2000c) on the previous quarter rates. The previous rates can…
Flat Rate Scheme – Notice Update
HMRC have now updated their Flat Rate Scheme VAT notice to provide businesses that may be affected by “Low Cost Trader” provisions, some further information. Section 4: Determining your flat…
Business Expenses Changes – Make Sure you are aware.
As long as HMRC’s conditions are met, business travel expenses which you pay or reimburse to your employees are now exempt from tax and NI…
Fraudulent Activity – Be Aware.
Fraudsters are using the Self-Assessment deadline to target vulnerable taxpayers. Make yourself aware of their latest scams.
Making Tax Digital – An Overview
There is currently a lot of discussion on the topic of “Making Tax Digital” and we thought it may be useful to provide a brief overview of how HMRC intends for this to work.
