Despite an eight month-long public consultation by HMRC, 20 per cent of the country’s smallest business owners still have not heard of the initiative, according to recent survey data. more»
With just 14 days left until this year’s self-assessment tax returns deadline on 31 January, business leaders have warned the country’s smallest business owners to register in time or risk fines from HMRC. more»
On 25 December last year, a total of 2,044 business owners in Britain filed self-assessment tax returns – a new record – and the figure is likely to rise again in 2016. more»
With the deadline for submitting paper tax returns just ten days away, a new study has found that almost half of micro-business owners and freelancers are completely unaware of the government’s Making Tax Digital initiative. more»
Dominic Allon, Europe vice president and managing director of Intuit QuickBooks, offers small business owners three crucial tips in order to prepare for the transition to digital tax. more»
A word of warning to small businesses, HM Revenue and Customs (HMRC) has published revised guidelines to help people recognise phishing emails and fraudulent activity in their inboxes. more»
Following months of consultation, HMRC confirmed that small and micro firms which don’t yet have the means to “go digital” as part of the government’s new tax system, will not be obliged to submit quarterly reporting. more»
The government’s announcement that small business owners will not necessarily have to submit tax returns online, instead able to file information over the telephone, has been met with derision by experts. more»
Small businesses have made proposals designed to simplify taxes ahead of planned changes that will require companies to submit reports to HMRC every quarter from 2018. more»
Named as managing director of The Forum of Private Business (FPB) in May last year, Ian Cass's tenure has seen the organisation engage more proactively with government and its agencies on behalf of members. Business Advice caught up with him to find out more. more»
