Does being on maternity leave make you exempt from Making Tax Digital?
Given that it is the biggest overhaul to the way that taxes are filed in decades, it is no wonder that Making Tax Digital (MTD)…
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Is a management buyout worth it for high-net-worth individuals?
A management buyout (MBO) can be a beneficial option for high-net-worth individuals (HNWIs), whether as part of a succession plan or as a strategic investment…
HMRC sets its sights on side hustlers again
More than £55 billion worth of side hustle sales data is to be handed to HMRC by platforms, as the tax authority ramps up compliance…
Why are taxpayers still ignoring the Making Tax Digital for Income Tax deadline?
The deadline for Making Tax Digital (MTD) for Income Tax is now less than three weeks away, yet the majority of affected taxpayers have still…
Will HMRC go online-only in the future?
Fresh off a wave of regulatory changes designed to improve transparency and efficiency with filings, business owners are having to take stock of new administrative…
The importance of accurate bookkeeping for small businesses
For small businesses, bookkeeping is an important part of understanding how your business is performing and making informed decisions. Effective bookkeeping provides a reliable financial…