Do I have to make tax digital?

  The HMRC’s digitalisation of tax information – known as Making Tax Digital (or MTD for short) – is rapidly approaching.  From April 2019, all businesses with taxable turnover above the VAT registration threshold of £85,000 must keep digital records and submit VAT returns using MTD compatible software through the HMRC Gateway. In practical terms, […]

Help for the thousands of SMEs about to be squeezed post-Brexit

The Bank of England Governor, Mark Carney, is warning 1 million households on low incomes that they are about to see their living standards squeezed due to the post-Brexit fall in the pound. The pound has hit an eighteen year low against most major currencies.   But what about the 5.4m UK SMEs who, in […]