From 1 April 2019, all VAT-registered businesses will need to record and file their VAT records digitally. Small business owners now need to start preparing for the full transition to digital accounting. more»
HMRC should postpone the first stage of Making Tax Digital, according to a parliamentary committee accusing the tax office of not listening to the concerns of Britain’s small business owners. more»
With six months to go until the first stage of HMRC’s Making Tax Digital is introduced, the tax office has rolled out its first test pilot and business owners have been urged to apply. more»
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»
