April is here and while for many of us the New Year officially began in January, in financial terms, April 6th marks the beginning of the new financial year. It’s relevant for many of us because it is a great time to start new habits which will fit neatly into the many financial and accounting … Continued
Each year, many people spend the last few days of January frantically going through paperwork to meet the tax return deadline. There are, of course, others who can smugly say that they had the return filed the previous April. But aside from avoiding the panic of HMRC deadlines, there are many other benefits to … Continued
Information in the Autumn Statement indicates that by 2020 individual taxpayers may be expected to report and pay their liabilities every quarter via their new digital tax accounts. The Chancellor promised an injection of £1.3bn to deliver, “the most digitally advanced tax administration in the world” by 2020.