Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
29 June 2021
HMRC update on filing returns for Non-Making Tax Digital VAT registered clientsIn April 2021, HMRC began transitioning over traders who are not yet signed up to Making Tax Digital (MTD) for VAT, to a single database (homing both non-MTD and MTD VAT registered businesses). This process is in readiness for when those traders do sign-up between now and the mandatory date of 1 April 2022.
22 June 2021
Product Market Fit – mythical or real?It is generally acknowledged that the key aims of a tech start-up are to develop a differentiated proposition that delivers a benefit to target customers at a price point that delivers economic benefits and ideally in a market that is expanding.
08 March 2021
MTD for VAT digital links deadline – is your business prepared?From 1 April 2019, Making Tax Digital (MTD) compliance became mandatory for most VAT registered businesses for VAT return reporting. HMRC implemented a soft-landing period for the first two years to 1 April 2021, meaning that some elements of the MTD legislation were relaxed – in particular, digital links. The time has come to make sure that your business is prepared and ready for the next phase.
10 February 2021
“Thank you” £500 bonuses for NHS Staff and related Independent ContractorsHealth and social care staff who are eligible for a £500 cash boost will see the money in their banks shortly following the delay, with some receiving it as late as March.
19 November 2020
Festive Furlough – the importance of consulting the Job Retention Scheme guidanceNow that the extended Job Retention Scheme (JRS) is well underway, and with the festive period just around the corner, employers may be tempted to put their employees on furlough when they close their doors for Christmas. While this may seem attractive, employers need to be mindful of the guidance and the risk of making a claim which is not within the legislation or spirit of the scheme.
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