What is ‘Making Tax Digital’ anyway?

I read recently that almost a quarter of UK businesses haven’t heard of Making Tax Digital (MTD). What’s more, 66% of the businesses surveyed only know a handful of details about the programme, or simply recognised the name, while 25% of those aware of MTD have made absolutely no preparations. So, I’m here to set the […]

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Develop your business – simple ideas that really work for entrepreneurs

Have you heard about our new book? This book, written by me, Philip Caplan, Steve Pipe and Mark Wickersham, is packed full of real life examples that will help transform the way you run your business… with dramatic results.  Claim your free copy of “Develop your business – simple ideas that really work for entrepreneurs”. […]

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Further risks for the tax-payer!

Recently I read this article “HMRC ‘unable to trace’ accountants’ own tax records” by Pat Sweet of Accountancy Live. The article has given me food for thought and once again highlights the potential problems in giving more power to HMRC. As we’ve seen lately, the government is consulting on plans to give HMRC sweeping powers […]

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Self-assessment return blues

I’m not sure how much HMRC spend on advertising in order to cajole taxpayers to remember the 31 January filing deadline. Each year we are subjected to a slightly different approach advert. Apparently according to the promotion this year, if you file your return life becomes so easy! You never need to worry again! As […]

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Why all accountants are not the same

It’s difficult for us to give you advice about choosing an accountant, since we are accountants. But one of the things that is important to consider when you are looking for an accountant is the element of connection that you have with that accountant. Just about any accountant is capable of delivering you a set […]

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Inheritance Tax Made Simple

Inheritance tax (also referred to as IHT) has become a bugbear for so many. It has unique features and in a way is very easy to collect (because the authorities meet with least resistance).  But because it is relatively easy for those with wealth to minimise it, if not avoid it altogether, it’s sometimes even […]

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If only we could have “Sweetheart” deals!

The following is an extract from an article about “Sweetheart” deals appearing today in economa, the ICAEW members magazine. The Tax Assurance Commissioner at HMRC has issued his first report about the large deals done with taxpayers under the new approach established by the department in the wake of the sweetheart deal furore Edward Troup, […]

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Where are we going taxwise?

Some weeks ago (well it was when I started writing this!) I attended the Tolley’s taxation live conference. The speakers ranged from the CEO of HMRC across various luminaries within the taxation world many who write for taxation perhaps the leading tax magazine for practitioners in the country. It was in my opinion a very […]

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