Insights

Making Tax Digital is set to create a significant change in the British taxation system. However, much discussion about a delay in its rollout has led to people wondering when MTD will finally come into action. So, what can we expect in the months to come? Is there likely to be a delay in the rollout of this new and often debated tax system? We’ll look at key topics around the debate such as:
What’s the present political take on Making Tax Digital?
Is the average business ready for an April 2019 rollout?
Making Tax Digital: the cause for a delay
What’s likely to happen?

The United Kingdom leaving the European Union (EU) is, without doubt, the biggest political event in decades. Ever since UK entry into the EU, however, there has been a lack of understanding and detail about how the partnership works. With the exit more likely than ever to take place, it’s still unclear just how exactly an exit from the EU would impact upon British VAT-registered businesses trading within the EU. We’ll take a look at the potential ramifications to come, including:
Registering for EORI
Arranging supply & shipping
Finding the correct expertise

Many charities in the United Kingdom look to use gift aid to benefit themselves and others in equal measure. However, it’s easy to misunderstand what this service offers you – and why it should be something to consider. Here, we’ll take a look at important information such as:
What is gift aid?
How does gift aid for charities work?
Things to consider
Finding the right expertise for gift aid

While the Christmas party might be one of the highlights of the year, it’s important to take the tax implications into account. Making sure you address the following points will help you to make the most of that Christmas party. Now, when everyone is having fun, you won’t need to worry about a thing. Key points to consider when it comes to the tax implications of the Christmas party include:

Should my company throw a Christmas party?
Is the Christmas party a viable business expense?
Is there an annual limit on entertainment costs?
What are the potential VAT implications of having a Christmas party for employees?

As we move into a new year, the 2018 tax return deadline is just a few short weeks away. With that in mind, it’s crucial that you get your tax return filed as soon as you possibly can. Otherwise, you face the risk of penalties. In this article, we’ll look at important factors such as:
When is the 2018 tax return deadline?
Why do I need to send a tax return?
What happens if I miss the deadline?
What should I do if I miss the deadline?
Getting professional help

To run a successful business, you need to have consistent contact with the most important institutions. While keeping regular contact with suppliers and clients is important, contact with the government is essential. However, when HMRC reaches out to you, how can you tell if the correspondence is genuine or not? The web poses many risks for those who are not careful. To help you avoid phishing scams disguised as government correspondence, we’ll cover important issues such as:
Ways HMRC might try to contact you
What kinds of HMRC messages could be fraudulent?
How to deal with a potentially fraudulent HMRC message

Running a business can be challenging, especially when it comes to the business structure. Many businesses choose to ignore the opportunity to incorporate their business into a limited company, without realising the various benefits a limited company has to offer. In this article, we’re going to look at the benefits of running a limited company, which includes:
Ease of set-up
Reputational gains
Tax benefits
Limited liability
Finding funding
Pension assistance
Making the right decision

Are you looking to work for yourself and utilise your skills as a self-employed professional? It’s easier than you think. Registering, and running, as self-employed in the United Kingdom is much simpler today. However, to run your business properly, you need to take into account a few important factors, including:
What makes you self-employed in the United Kingdom?
Registering your self-employed business properly.
Getting to grips with taxation as a self-employed professional.
Dealing with cash flow when self-employed.
Preparing for the future.
Bringing in the right assistance