11th January 2017 14:33 pm
As part of their preparations for Making Tax Digital (MTD), HMRC has been explaining how small businesses will save time, and therefore money, when they file their tax returns on line. In their consultation document, HMRC used the experiences of ‘Eve the Carpenter’ to detail the benefits of MTD. Eve…
21st December 2016 10:48 am
Exact 2016 SME barometer praises UK accountants, near the top of the European league of cloud adoption, but only 16% of small business input their accounts online. Over 2,000 accountancy professionals across Europe were surveyed by Exact as part of their annual survey which looks at relationships between accountants and…
15th December 2016 12:31 pm
Jim Harra, HMRC’s director of customer strategy and tax design was the key speaker at the 2016 Hardman lecture, given at the ICAEW headquarters in London. Among a range of topics, Harra talked about Making Tax Digital and answered a number of questions from the floor. The head of taxation…
10th November 2016 15:56 pm
Are you an accountant with clients working in the construction industry? Do you have clients who may be thinking of trading in this area? If so, you need to be aware of the rules of the Construction Industry Scheme (CIS). The tax regulations for the construction industry are complex and…
27th October 2016 16:24 pm
Recent research about the challenges faced by micro-employers who manage PAYE in real time offers HMRC various options to improve the system and reduce the number of non-compliant returns. Based on 45 interviews, researchers found that there is still confusion about RTI despite the system having been in operation for…
