Nobody goes into business expecting things to go wrong but, unfortunately, there are a number of reasons shareholders will fall out with one another – and even the smallest disputes…
Professional News
Treasury is urged not to lower VAT threshold before MTD and Brexit
The Low Incomes Tax Reform Group (LITRG) of the Chartered Institute of Taxation (CIOT) has called on the Treasury to resist pressure to reduce the VAT threshold from its current…
Small businesses call for business rates to be simplified
A survey has revealed strong support from the UK’s small business community for measures to simplify business rates. A total of 71 per cent of small businesses questioned said business…
UK’s tax gap continues to fall
Figures released by HM Revenue & Customs (HMRC) show that the UK’s tax gap – the difference between tax owed and actual receipts – is continuing to fall. The Revenue…
Prepare for Making Tax Digital with a FREE MT Cloud workshop
With less than a year left until Making Tax Digital – the Government’s all-new online reporting system – is launched, are you and your clients ready? From April 2019, all…
Spalding Business Club Meeting
Spalding Business Club’s monthly meetings continue to be a popular networking breakfast event. The meetings, which are usually held on the first Thursday of each month are informal, with no…
270,000 late penalty notices cancelled by the Revenue
A response to a Freedom of Information request has revealed that HM Revenue & Customs (HMRC) cancelled 270,000 late penalty notices in 2016. However, this figure was dwarfed by the…
Making Tax Digital – how will it affect you and your clients?
New rules, which come into effect next year, mean that some businesses will need a digital accountancy package in order to make VAT returns to HM Revenue & Customs (HMRC),…
Do your clients have EMI schemes? New rules could affect tax reliefs
EU State Aid approval for the Enterprise Management Incentives (EMI) scheme expired on 6 April 2018, meaning any share options received after this date may not be eligible for tax…
1.3 million SMEs hoping to branch out internationally to boost growth
A new annual survey suggests that some 1.3 million UK-based small and medium-sized enterprises (SMEs) intend to branch out overseas this year in a bid to expand their horizons and…
