Business Blog

With Brexit on pause and a General Election now planned, we're taking a break from Brexit planning to look at how Technology has enhanced the services we offer.

As we await the response from the EU to the most recent Brexit withdrawal plan, just how prepared is your business? New statistics out reveal that only one fifth of small business have a ‘no deal’ plan in place, with the average spending £3,000 on their Brexit planning. If you are looking at the uncertainty ahead and wondering where to start, we thought we’d take a look at the key areas to address come Halloween.

In less than a month's time, significant changes will come into force for those in the construction industry when VAT moves to a ‘reverse charge’ system.

As we’ve explored in our previous blog posts, it is clear that Making Tax Digital is going to dramatically change the way that tax is reported in the UK. However, it’s not just the way that businesses and individuals will report their tax that is changing, but also what information HMRC requires. We thought we’d take a look at what will change for businesses and individuals in the scheme.

As we’ve mentioned previously, one of the key components in a successful Making Tax Digital transition will be the type of software programme that you choose for your business. While simply thinking about the move from saving key information and accounts in a physical location to saving it somewhere ‘in the ether’ can feel daunting, the fact is that we are living in an increasingly digitised world and making the move to digital will not just help your business prepare for Making Tax Digital but also help its processes become more streamlined.

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