Paying your taxes a challenge?

With the deadline for self-assessment having passed on 31st January, HMRC would assume that all tax returns are submitted and tax bills settled. Failure to do so would lead to additional charges and penalties. However, if you are stuck with trying to pay your liabilities there are a few options.…

What Impact Will GDPR Have On Payroll For Accountants

On May 25th 2018, The UK will undergo the biggest changes to its Data Protection laws in more than 20 years. This is namely GDPR, the General Data Protection Regulation and it will replace the current Data Protection Act from 1998. This will have a considerable effect on payroll processing…

HMRC to trial artificial intelligence

HMRC has announced it will be trialling the use of artificial intelligence (AI), beginning with using AI to control routine processes, such as customer contact and casework. Mike Potter, HMRC’s interim chief digital and transformation officer, made the announcement at the Public Sector Show. Potter outlined three areas where HMRC…

MTD: Will spreadsheets be the new carrier bags?

Making Tax Digital will happen, regardless of who wins the General Election. Businesses will be required to keep digital financial records and there will be, indeed already are, a range of MTD-ready software options to choose from. In some ways this off-the-peg approach should make it much easier for clients…