Making Tax Digital

Making Tax Digital

From April 2019, HMRC’s much vaunted ‘Making Tax Digital’ (MTD) scheme will apply to VAT registered traders, who have a turnover above the VAT threshold. Businesses with a turnover below the threshold (£85,000) will not be required to use the system, although they can... read more
Are you holding assets in Offshore Accounts?

Are you holding assets in Offshore Accounts?

From October 2018, HMRC will be introducing new legislation that will dramatically increase the potential for fines for individuals (or companies) that use Offshore Accounts to evade tax. If this affects you read on! We also take a look at tax credits and what to do... read more
Can Tax Credits Change?

Can Tax Credits Change?

In short, yes! If you are claiming tax credits you need to make sure that you keep an eye on changes that may affect the amount you receive. Your payments can go up if: your income goes down by more than £2,500 your benefits stop or go down you start getting personal... read more