Best Software for Making Tax Digital for Sole Traders and Small Businesses

Are you prepared for changes to the income tax basis?

Unincorporated businesses, including sole traders, the self-employed and trading partnerships, will be taxed on profits generated in the 12 months to 5 April each year

Are you ready for changes to LLP salaried member rules

HM Revenue & Customs (HMRC) has issued its updated guidance on salaried members in limited liability partnerships (LLPs), in relation to capital contributions.

Are you ready for changes to R&D tax reliefs in 2023?

R&D tax reliefs have supported hundreds of thousands of businesses to invest in innovation by cutting the amount of tax that they pay. However, from 1 April next year

Are you taking your business online? – Six steps to effective pricing

As a result of the recent restrictions, many businesses have, for the first time, switched their focus to online sales. Whilst this has opened up many new

Are your systems ready for MTD? Five things to check as the clock ticks down

HM Revenue and Customs (HMRC) is working to enhance compliance and improve efficiency with tax filings by implementing Making Tax Digital (MTD) for Income Tax.

Around half of the UK’s SMEs admit to making errors on taxes

According to accounting software providers, QuickBooks, over 50 per cent of UK small and medium-sized enterprise (SME) owners have made a mistake when filing their...

Assistance with business plans and pricing reviews

Under-pricing your goods and services to attract new customers is a tactic used by many businesses. In the short term, it keeps the work rolling in and your staff busy

Audit rules are changing – Get ready

In a bid to ease the regulatory burden on businesses, new thresholds for classifying company sizes have been announced.

Autumn Budget 2021

With the Speaker of the House of Commons by tradition not presiding over the Budget, the Chancellor might have hoped he would escape a rebuke over the number of import