Business Blog

Our last blog post provided an overview of the flagship Making Tax Digital scheme, which aims to place the majority of UK taxpayers onto a digital only tax reporting platform. With less than a year now until VAT registered businesses will be required to file in this manner, we’ll be spending the next few months looking into the details of Making Tax Digital and any issues that could arise for both businesses and individuals.

As we approach the date that GDPR comes into force, many businesses will be moving their focus to the next big challenge, that of Making Tax Digital (or MTD for short). An initiative devised by the UK government to make tax administration more efficient and easier for the average taxpayer to understand and complete, it will require the quarterly submission of tax related information through an online system.

There are just over two months to go until the new General Data Protection Regulation, or GDPR comes into force. On the 25th of May this year, the GDPR will replace the 1995 Data Protection Directive with the aim of harmonising data privacy laws throughout the EU and granting greater protection and security over personal data in our now digitised world.

2018 got off to a great start for us here at Smith Butler as, following a compliance visit from ACCA, the global professional accounting body, we were notified that Smith Butler has now been awarded Platinum Status in their ACCA Approved Employer Programme!

You may have noticed from our social media posts that we sponsor sports teams local to our business, the two we have so far mentioned are Bradford City FC and Dewsbury Celtic Rugby League U16s. Additionally, we also sponsor Eccleshill United Football Club and the first tee at Northcliffe Golf Club and we thought it would be interesting to share the many business and personal benefits that our sporting sponsorships bring.

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