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In the news: A look ahead to next month’s post-Brexit Budget and your free Budget App While Brexit may have been dominating the headlines, the Conservative government and Chancellor Sajid Javid will also be preparing to deliver the first post-Brexit Budget on March 11th. It’s set to be the UK’s first Budget in more than...
The PM’s tax plan and spending proposals Boris Johnson made a series of spending promises both before and after becoming Prime Minister – including funds for Brexit, tax rate and threshold changes and more. The plans could be fleshed out in either an Autumn Budget or emergency no-deal Brexit Budget should The Chancellor call one,...
Advisory fuel rates and mileage allowances have changed Previous rates can still be used up to June 30th The advisory fuel rates were updated earlier this month as part of HMRC’s quarterly review, coming into play from June 1st. There was an increase of 1p per mile on all rates, apart from diesel cars with...
New report shows tax professionals’ expectations According to the recent Tolley Industry Report, 42% of tax professionals believe MTD will change the services they provide. It’s no surprise that since the introduction of MTD, more practices are looking to diversify in the services they offer to make sure they keep up with client expectations...
Effects of HMRC & Making Tax Digital The long-awaited Making Tax Digital (MTD) consultation documents have been released. They contain many of the changes we expected along with some unexpected and rather challenging implications. What you will find when you read the report (we have provided a copy to everyone who has registered to receive…