13 05, 2019

The 4 biggest challenges faced by family businesses

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“The backbone of the economy, the bedrock of communities.” That’s how the UK’s family businesses have been described by the IFB (Institute for Family Business). They’re not wrong. Even against the backdrop of huge and growing multinationals, family-owned companies remain vital to the success of [...]

28 02, 2019

Everything you need to know about Making Tax Digital (MTD)

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What is Making Tax Digital? From 1st April all VAT registered businesses with a turnover over £85,000 will have to keep digital records and submit VAT returns using compatible software. Why? HMRC want to bring tax into the digital age, bringing together their internal systems [...]

20 11, 2018

Making Tax Digital is coming soon. Here’s why that’s actually a good thing!

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I know what you’re thinking. It's coming too fast. The systems won’t cope. HMRC will get it all wrong. And you know what? You might be right. But these issues aside, Making Tax Digital could be the best thing to happen in years. And in [...]

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