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Making Tax Digital Delayed Until 2020

Quarterly VAT reporting using the new system will be mandatory from 2019. In a further U-turn, three million small businesses and buy to let landlords below the VAT threshold will now not be required to keep digital accounting records but will be able to move to the new system for keeping tax records at a […]

Making tax digital to start next year

Legislation to introduce Making Tax Digital (MTD) will be included in the Finance Bill 2017 and despite many objections that it was too soon, the new system of quarterly reporting will commence in April 2018 for the self-employed and property landlords. There were 1200 responses to the consultation documents issued in summer 2016 and a […]

Book Keeping – Manual Cash Book and Spreadsheets – An Introduction

When starting in business everyone is given advice about opening a business bank account and about the kind of paperwork and documentation they should keep. This is all very well, but once all of this paperwork starts to build up, the next question is, “What exactly should I be doing with it?” These guides are […]