Why is it important to have up to date profit forecasts for tax?

In order that we can help predict your taxable profit and tax liabilities we need up to date profit figures and projections. One of the advantages of keeping your business accounts in a computerised form, ideally on the Cloud, is that we can review your latest...

Spring Budget – Business Taxes

This blog focuses on the business related taxes main points of Chancellor’s Jeremy Hunt first Budget to Parliament, or Spring Budget, presented on15 March 2023. BUSINESS TAXES   National Insurance Contributions (NIC) for the self-employed in 2023/24 Self-employed...

Making Tax Digital Update – Income Tax

Making Tax Digital (MTD) for VAT has been with us since April 2019, with the extension to all VAT registered businesses from April 2022. The next roll-out will be the introduction of MTD for income tax which is scheduled to start in April 2024. The obligation to keep...