The Making Tax Digital (MTD) for VAT deadline has been extended until October 2019 for certain businesses. Around 3.5% of mandated customers are affected, including VAT divisions and groups, trusts,... read more →
Making Tax Digital is HMRC’s move to digitise tax. Making Tax Digital (MTD) was first announced by the government in 2015 as an initiative to improve the effectiveness and efficiency... read more →
The 2018 Budget – delivered on a Monday for the first time since 1962 – produced a number of surprises, not least some high-profile ‘giveaways’. Announcements in the Budget included:... read more →
If you’re self-employed, your business will have various running costs. You can deduct some of these costs to work out your taxable profit as long as they’re allowable expenses. Example... read more →
Budget 2018 In a longer than usual Budget speech, and in a slightly more jocular than usual mood, the Chancellor laid out the government’s vision for post-Brexit Britain. With a... read more →
Spouses often hold rental property jointly, and where this is the case, rental profits and losses are treated as arising to them in equal shares. If one spouse pays tax... read more →
HMRC has suffered an embarrassing setback after one of its contractors launched a claim for unpaid holiday pay, relating to work covered under the off-payroll working rules, also known as... read more →
Why Outsource? Sutton McGrath Hartley has administered payrolls since 1995 so we are confident in our abilities and experience. By outsourcing to us your business could benefit from the following:... read more →
The 2018 Budget has been set for Monday 29 October, setting a deadline for speculation and proposals. Mr Hammond, however, has indicated that he won’t end the long spell of austerity... read more →
APR is an Inheritance Tax relief that is based on the agricultural value of qualifying agricultural property when it is transferred, either in lifetime or on death. Provided such property... read more →
