Virtual finance? Instant data? MTD? Jonathan has got you covered. As the MMG team continues to grow, we’re exploring what exactly happens behind the curtain of an accountancy firm. It’s…
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If you notify HMRC of a decision to opt to tax land and buildings, you are typically required to notify HMRC within 30 days. The 30-day deadline was temporarily extended…
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HMRC have recently updated their guidance on accounting for VAT on goods imported from outside the UK, which, since Brexit, includes the European Union. Businesses registered for VAT in the…
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Last month we mentioned that draft legislation had been published to change the basis periods for assessing self-employed profits to coincide with the tax year. The proposed new rules provide…
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The temporary 5% VAT rate applied to supplies made in the tourism and hospitality sector since the pandemic comes to an end in September. The rate then increases to 12.5%…
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The government are closing support to employers for furloughed staff at the end of September as they anticipate that the economy will be back to normal by October. The grant…
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Networking is about knowing more people. Connecting is about knowing people more. We all know lots of people professionally or personally, but we are only really connected with a small…
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We await further information on MTD from HMRC this summer. One significant announcement on 20 July was draft legislation to abolish basis periods for unincorporated businesses for the 2023/24 tax…
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