All growing businesses will become VAT registered. It is not daunting. You just need to become organised with your record keeping and remember your VAT return deadlines. So what should you know about becoming VAT registered? …
From April 2019 VAT registered businesses who have a turnover over the VAT registration threshold (currently £85,000) must use accounting software to file their VAT returns. If your turnover is over £85,000 you will no longer be able to use the Government Gateway to file a return. The only businesses which will be exempt from complying with this regulation …
Did you know you can choose which VAT Scheme you use to report VAT? There are several to choose from and it is worth considering which one is best for your business and for your cash flow. …
On 9 March 2018 HMRC released the names of employers who have paid their staff less than the minimum wage. They release this report quarterly and it is surprising how many businesses are on this list each quarter. This time there are 179 businesses who have underpaid their employees between £100 and £133,000. They don't report on underpayments less than £100 although that doesn't mean they don't take action. …
From 13th January 2018 HMRC will no longer accept payment of taxes by personal credit card and prior to that, from 15th December 2017, payments will not be able to be made through the Post Office. Payments can be made to HMRC by: …
