Using Group Structures for Small Companies

Using a group structure for small companies can be incredibly useful for both tax planning and risk...

Super-deduction Capital Allowances Update

HMRC have issued a factsheet on the new temporary “super deductions allowance” and “special rate...

Delayed Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA)

The Government has announced in a Written Ministerial Statement (WMS) that MTD for Income Tax Self...

Extended Corporation Tax Loss Carry Back

A reminder that the extended Corporation Tax Loss carry back measure announced in the Spring Budget...

Start-up SME: What Are My Accounting Options?

Accounting is perhaps one of the least popular aspects of business ownership (unless accountancy is...

HMRC late filing penalty charge change for 2019-20 Self Assessment Tax Returns

Today HMRC has announced that Self Assessment customers will not receive a penalty for filing their...

Domestic Reverse Charge VAT Guidance

From 1 March 2021 the domestic VAT reverse charge must be used for most supplies of building and...

VAT DD reinstatement/reclaim VAT paid by DD during VAT deferral period

As we approach the end of the deferral period, businesses who did take advantage of the scheme now...

Manage bill payments more easily in xero with Transferwise

Pay with TransferWise is a bill payment feature that lets you pay your suppliers through Xero using...

Bounce back loan scam

Please take care of any large sales to unknown clients which are received from a source 'BBL'. We...