VAT Flat Rate Scheme – should Small Businesses still use it?
The VAT Flat Rate scheme (FRS) was introduced in 2002 [...]
New VAT penalties and interest payments – 2023
This article is an update on our original one published [...]
Penalties for Careless and Deliberate Errors
HMRC will charge interest on tax paid late. They may [...]
Budget – March 2023
On 15 March 2023, Chancellor Jeremy Hunt presented his first [...]
Mini Budget and Autumn Statement – November 2022
The new Chancellor Jeremy Hunt had warned the public and [...]
Mini Budget – September 22
On 23 September 2022, Kwasi Kwarteng, the new delivered a [...]
How long do I need to keep records for?
Clients often ask how long they should keep records for [...]
New VAT filing penalty regime – from January 2023
For VAT periods starting on or after 01/01/23, the default [...]
MTD for VAT – April 2022
HMRC are in the process of making MTD (Making Tax [...]
Trivial Benefits for employees and directors
A Trivial Benefit continues to be very popular and is [...]
