Update about MTD ITSA
On December 19th, 2022, the government announced that Making Tax Digital for Income Tax and Self Assessment (MTD ITSA), is being delayed until April 2026. They have also changed the requirements for those who will be required to file accounts quarterly through MTD...
Should my bookkeeper be local?
During this month’s Facebook Live, I talked about whether your bookkeeper should be local to you or not. The world is changing, and everything is going digital. You can now use a bookkeeper from anywhere meaning you can pick the right one for your...
Autumn Statement Nov 17th, 2022
On Thursday, November 17th, 2022, the Chancellor, Jeremy Hunt, made several announcements during the autumn statement that will impact businesses and individuals. I have explained some of the items that will impact businesses below. All personal income tax allowances...
How often should I do my bookkeeping?
During this month’s Facebook Live, I talked about how often a business should do their bookkeeping. There is no hard and fast rule about how often a business needs to do its bookkeeping. However, there are legal deadlines every business will need to meet, and...