30 May 2017
While we wait for all the party manifestos to be published in full, tax professionals are analysing every sound bite and interview for any hints about tax changes. Predicting change is unusually difficult because no-one really knows what will happen to the economy in the next couple of years. A…
8 May 2017
HMRC is changing the way it deals with tax agents who phone in to request information on behalf of a client. The new system will be in place from 1 May 2017. Although a client may have given you, their tax agent, permission to act on their behalf, from 1…
27 April 2017
Making Tax Digital (MTD) will affect businesses from 2018 and the changes will inevitably have an impact on tax professionals who assist their clients to keep appropriate financial records for their tax returns to HMRC. While businesses of all sizes, plus the self-employed, are beginning to have an idea of…
HMRC’s public beta testing programme for Making Tax Digital (MTD) went live at the beginning of April, meaning that MTD is now a working reality. There are two pilot projects in place: one looks at keeping business records digitally while the other looks at the online services that tax agents…
6 April 2017
Making Tax Digital for individuals is only eight weeks away, and industry experts are joining forces to make people aware of the pros and cons of signing up to a Personal Tax Account (PTA). On one hand there are concerns that the introduction of MTD for individuals may herald chaos…
