The financial secretary to the Treasury explains why Making Tax Digital is the right way to go for small companies, and offers tax compliance tips from both a political and a business perspective. more»
Are you ready for electronic VAT returns next April? Xero UK's small business director offers owners a need-to-know checklist ahead of HMRC's Making Tax Digital initiative. more»
The vast majority of small UK business owners believe an increased tax burden is holding their firm back, according to a new report. more»
As new research finds an “alarmingly” high number remain unaware of digital tax returns, a trade body has called for a delay to the initiative. more»
With the new tax year in full swing, chief FreeAgent accountant, Emily Coltman, explains the most important tax changes for this coming 2018/19 tax year you need to know about if you run a small business. more»
New research from the Federation of Small Businesses has revealed that the bureaucracy surrounding tax compliance is costing entrepreneurs significant time and money, and hampering growth. more»
With the first stage of the government’s digital tax initiative arriving in 2018, our accounting expert provides an overview of the incoming changes to help small business owners prepare for Making Tax Digital. more»
As many as seven in ten small UK business owners remain unaware of the upcoming digital tax transition, according to new HMRC research, leading to calls for further efforts to inform and support small firms of new obligations. more»
The tax gap fell to six per cent in 2015 to 2016, as government measures to crack down on tax avoidance, evasion and non-compliance have taken effect. more»
The draft rules are the first details the government has published on Making Tax Digital, and will allow businesses to consider whether existing tax record-keeping procedures will be compatible. more»
