MTD Explained: watch our videos

Making Tax Digital (MTD) will change the way you need to interact with HMRC. The subject can be quite confusing, though, and that’s why we’ve created two videos to explain the main points, and to help ensure you get up to speed with the changes in good...
Don’t have a taxing Christmas

Don’t have a taxing Christmas

As festive season approaches, we know that the last thing you want to do is put down the mulled wine and start doing your tax return. However, most tax experts would agree with us in saying that by sitting down early and doing your return in a relaxed manner, you are...
When you can utilise overlap relief

When you can utilise overlap relief

The assessment of self-employed or partnerships profits is usually relatively straight-forward if the accounting date, to which accounts are prepared annually, falls between 31 March and 5 April. However, overlap profits can arise where a business year end date is not...
Options if you are owed money

Options if you are owed money

It can be very difficult for small businesses to know what options are available when their customers owe them money. This can arise when business owners are uncomfortable chasing a debt for fear of upsetting their customer and losing valuable business. The Government...
Business rates support for the High Street

Business rates support for the High Street

The Chancellor announced a number of measures to help many failing high streets up and down the country, as they face a real threat to their existence as footfall continues to be impacted. The growing use of online shopping has caused many large retailers to close...
R&D Tax Credits claims soar

R&D Tax Credits claims soar

On 27 September, HMRC released the statistics for Research and Development (R&D) tax credit for 2000-01 to 2016-17. They are based on returns received on or before 30 June 2018. The statistics show that the total amount of R&D support claimed by businesses has...