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…
Professional News
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…
Dividend Allowance cuts – is it time to restructure?
For some time, company directors have been able to make a tax-efficient living by taking a combination of salary and dividends due to the generous Dividend Allowance. However, changes which…
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…
Ban on passing credit card fees on to consumers hits small businesses
A ban on passing on intercharge fees from credit card providers to consumers, which came into effect at the start of the year, is having a negative effect on the…
Encourage your clients to prepare for MTD – free cloud accounting workshops
Are your clients ready for Making Tax Digital, the Government’s all-new online reporting system? From April 2019, all VAT-registered businesses in the UK (with a turnover above £85,000) will need…
Retirement incomes hit highest level since financial crash
A recent study has found that retirement income levels in the UK have hit their highest peak since the financial crisis. A new study by insurance and pension provider, Prudential,…
Spalding Business Club Meeting – could you be a future speaker?
The popular Spalding Business Club, which hosts a series of breakfast meetings each month, is on the lookout for new speakers to address their audience of decision makers and local…
