Making Tax Digital – Will it be delayed?

I’ve just noticed that Jane Ellison MP, formerly Financial Secretary to the Treasury, was taking the lead on introducing Making Tax Digital, the big HMRC project  to introduce digital quarterly reporting.

Yes – that Jane Ellison. The one who lost her Battersea seat last Thursday night.

I wonder if Making Tax Digital will undergo any changes when her replacement moves in.

Posted on 12 June 2017

Election Special: Tax plans – bathtub style!

Anyone who’s been on our basic finance or sole trader training will know that we have a bit of fun with how income tax works.

Sole Trader tax (basically income tax) is reduced to a bathtub scenario, READ MORE >

Posted on 06 June 2017

NICs for sole traders – political cock-up

So the government announces today that they won’t after all increase class 4 NI contributions (which only affect sole traders) until at least READ MORE >

Posted on 15 March 2017

Working through a company (IR35)

HMRC have released their promised tool (yes, another one) to help people work out if they’re able to provide a service through their own limited company, or whether they should be taxed at source like an employee. READ MORE >

Posted on 10 March 2017

Self-employed take a hit in the Budget

Filing invoices

How nice to see self-employed people get a higher profile in the 2017 Budget.

And how disappointing that it’s all about raising their taxes.

As I type this, I’m listening to lots of angry READ MORE >

Posted on 08 March 2017