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The true cost of the Olympics to GB plc

The true cost of the Olympics to GB plc

Until a few days ago, I had settled into a bit of a routine in the morning; once I’d started sipping my first coffee of the day, I would check the news on the Olympics and see how Team GB were doing. Nothing warms my cockles more than learning about gold medals by our...
HMRC Relaunch Agent Dedicated Line

HMRC Relaunch Agent Dedicated Line

In view of an email I received from HMRC last month, there was only one subject I could write about this week. The email in full: Dear Sir, Relaunch of Agent Dedicated Line We are pleased that we are now able to trial a relaunch of the Agent Dedicated Line, which will...
Changing Tax Year End: Is it now time?

Changing Tax Year End: Is it now time?

Delightfully quirky and old fashioned, the 5th April tax year end is uniquely peculiar to the UK, no other country or even UK based businesses share this odd date. Changing Tax Year End: Why was April 5th chosen? Firstly, we need to go back to 1582 when Pope Gregory...
Leaving the VAT Club

Leaving the VAT Club

In previous Blogs I have warned readers of the pending VAT change on 1st April 2022, when HMRC’s much heralded Making Tax Digital (MTD), will be extended to businesses that have voluntarily registered for VAT; even though their turnover does not exceed the compulsory...