Watching people react to change can be endlessly fascinating, particularly when the changes are announced by the tax office.
First reactions might be muted, as only the nerds have noticed. Then word gets around,READ MORE >
Posted on 30 September 2017
So HMRC have given in to the inevitable, and delayed implementing their whizzo new, cloud accounting, digital tax project.
Sole traders were READ MORE >
Posted on 14 July 2017
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
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
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