Making Tax Digital for VAT public pilot opens and deferral for some businesses
Posted on Wednesday, November 7th, 2018
HMRC has opened the Making Tax Digital for VAT (MTDfV) public pilot. However certain VAT-registered businesses (around 3.5% according to HMRC) with more complex requirements will be deferred from being subject to MTD for six months. Essentially,... Read Full Article...
No Comments on Making Tax Digital for VAT public pilot opens and deferral for some businesses
Capital allowances changes
Posted on Tuesday, November 6th, 2018
A number of changes to capital allowances were announced at the Budget, including an increase in the Annual Investment Allowance (AIA), for two years to £1 million, in relation to qualifying expenditure incurred from 1 January 2019.... Read Full Article...
Further contingency planning guidance on a ‘No deal Brexit’
Posted on Tuesday, November 6th, 2018
HMRC has issued a Partnership Pack to help businesses carry out contingency planning and to help their customers, members and clients to: think about how they will need to adapt their business to comply with new systems,... Read Full Article...
No Comments on Further contingency planning guidance on a ‘No deal Brexit’
Genuine HMRC contact and recognising phishing emails and texts
Posted on Wednesday, October 3rd, 2018
HMRC has updated their guidance on how to recognise when contact from HMRC is genuine and how to recognise phishing or bogus emails and text messages. Internet link: GOV.UK recognising phishing emails
No Comments on Genuine HMRC contact and recognising phishing emails and texts
‘No deal’ Brexit guidance and small business survey
Posted on Wednesday, October 3rd, 2018
Following the issue of some ‘no deal’ Brexit technical notices, in August, the government has issued further notices with the aim of helping both businesses and individuals to prepare in the event of a UK-EU agreement not... Read Full Article...
No Comments on ‘No deal’ Brexit guidance and small business survey
New and improved ISIS Accountants taxapp!
Posted on Tuesday, August 14th, 2018
We are proud to introduce the new and improved ISIS Accountants taxapp! Our taxapp has changed to a more modern and progressive web application, providing the same great features as our previous app. At ISIS Accountants, we... Read Full Article...
Making Tax Digital update
Posted on Wednesday, March 15th, 2017
Over the summer HMRC published six consultation documents on Making Tax Digital. The six consultations set out detailed plans on how HMRC propose to fundamentally change the method by which taxpayers, particularly the self-employed and landlords, send... Read Full Article...
Have you accessed your Personal Tax Account?
Posted on Tuesday, July 5th, 2016
HMRC are advising employers that their employees may benefit from accessing their Personal Tax Account. These accounts allow taxpayers to view information about their tax affairs and advise HMRC online about changes that may affect the tax... Read Full Article...
UK set to leave the EU
Posted on Tuesday, July 5th, 2016
With the referendum votes counted and the United Kingdom vote to exit the European Union there will be many issues to consider. The CBI commented on the result of the referendum. Carolyn Fairbairn, CBI Director-General, said: ‘The... Read Full Article...
Autumn Statement 2015 – key announcements for buy to let landlords and those with second homes
Posted on Monday, December 14th, 2015
Higher SDLT on purchases of additional residential properties Higher rates of SDLT will be charged on purchases of additional residential properties (above £40,000), such as buy to let properties and second homes, from 1 April 2016. The higher... Read Full Article...