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More on Making Tax Digital

by | Apr 5, 2017 | ACCA, HMRC, personal taxatation

Finance Bill 2017 will outline provisions of the new system. The Budget gave one small concession on Making Tax Digital (MTD) for those below the VAT threshold for quarterly accounting, but we now await further detail. Legislation will be introduced in Finance Bill...

Cash basis increase for all

by | Apr 4, 2017 | ACCA, business taxation

The threshold for unincorporated businesses will be £150,000. Legislation will come into force on 6 April, with effect for the tax year 2017/18, which will increase the threshold for the cash basis from £83,000 (cash basis threshold for 2015/16) to £150,000. The exit...

Its Year End Time

by | Apr 3, 2017 | administration, business issues

This Content Was Last Updated on April 25, 2020 by Jessica Garbett   The end of the tax year, 5th April, is a day or two away, so time to think about taxes for 16/17 Self Assessment – if we prepare a Self Assessment return for you, then we need a Self Assessment...
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