There are new rules for businesses and citizens in the UK from 1 January 2021. To see how your business, family and personal circumstances maybe affected, follow the link to answer a few questions and to get your personalised list of actions that you will need to take. You can also sign up for updates to be emailed to you for what you need to do. Follow the link for more info.
Brexit Transition – Time is Running Out
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If you receive tips on ‘more than an occasional’ basis, there is new legislation which is effective from October 2024, that you need to be aware of. By more than occasional, HMRC seem to deem a few tips a year as occasional and so if your business receives tips more than this, you need to […]
Hopefully you are already aware that HMRC have introduced legislation that requires certain individuals to keep and submit electronic records on a quarterly basis, for their business / rental income. MTD comes in to force from 6 April 2026 if your turnover / rental income or both added together exceed £50,000 and from 6 April […]
