Changes to HMRC Log-In Process

Professional Business Support, Tax Advice, Accounting, MTD System, Business Start Ups, VAT Advice     HMRC have introduced 2 Step Verification (2SV) meaning heightened security for those who use self assessment. The service will link to the customer’s phone, sending an automated message when they begin the tax account log…

Earnings Growth for Construction Workers

Payroll, Professional Business Support, Accounting, MTD System, Taxation, Business Start Ups, VAT Advice   Construction payroll services provider Hudson Contract, has reported that self-employed tradespeople have had their best month for earnings since the pandemic began. Apparently in March 2021, the average weekly pay went up by 3.7% to £920,…

Should You Start A New Business in 2021?

Financial Services including Accountancy, Tax, VAT, Business Support & Start-Ups, Essex     Despite Coronavirus, many new businesses started last year, in fact the virus gave rise to several gaps in the market and opportunities. Many people have had to adapt, and change direction in the face of redundancies. The…

The MTD System

Professional Business Support, Accounting, MTD System, Taxation, Business Start Ups, VAT Advice Making Tax Digital, otherwise known as the MTD system will come into effect on 1st April 2019, and will change the way that small VAT registered businesses submit their records. Most small businesses currently keep manual records or…

Taxation Brief Summary

Financial Services including Accountancy, Tax, VAT, Business Support & Start-Ups, Essex As always this years tax changes left some better off and others not so much, as reported by the BBC news website. New rules affecting income tax, pensions, student loans, inheritance tax, council tax, savings and benefits were announced.…