Latest News

Making the most out of Making tax digital requirements

Andrew Robinson explores the benefits for farming businesses embarking on the digital transition and explains how to get the most out of your existing system.

Will your farm business be ready for making tax digital transition

Andrew Robinson encourages farmers to prepare their farm businesses for Making Tax Digital and highlights the time and money-saving benefits in the long-run.    

Xero User News - How you submit your VAT return is changing

If your taxable turnover is over £85,000 then you should by now have signed up to Making Tax Digital (MTD) and be submitting your VAT figures using the MTD VAT return in Xero or other compatible software.

Xero User News - Check and Update your Xero Connection to HMRC VAT

Under Making Tax Digital (MTD) businesses need to grant permission for their accounts software providers to access their HMRC data and this permission must be updated every 18 months.

Proud to announce our new office in Newcastle’s City Quadrant

We're delighted with our continued growth in Newcastle resulting in the expansion from our original Quayside base to a larger office in Newcastle’s City Quadrant.

Latest survey shows worrying results for UK Hospitality Businesses

Over 350 business owners in the UK hospitality sector participated in our latest survey, with worrying results showing that 37% of business owners are considering closure or selling their business.

Evolution and Change - The Future of Accountancy Firms

Is it time a structural change and evolution for accountancy firms? Simon Turner finds out...

Making Tax Digital (MTD) – Time is Running Out

Time is running out for those businesses that are either yet to register for Making Tax Digital or who are not fully complying with these three requirements.

Problems with VAT Direct Debit Payments

With the holiday season in full flow, it’s very easy to understand how the attention of businesses in the Hospitality sector is rightly focused towards guests, from quick turnarounds on accommodation changeover days to making sure quality and supply of food and beverages meet the ever increasing standards of the UK holiday maker.

Making Tax Digital for VAT is live – ignore at your peril!

VAT registration is compulsory for those businesses with taxable (‘VATable’) income (also referred to as turnover or sales) in excess of the VAT threshold, currently £85,000. 

With the exception of organisations listed in HMRC’s ‘deferral group’, from 1 April 2019 VAT registered businesses with VATable income above the current VAT threshold of £85,000 are required to: