Happy Birthday, Dear VAT
Happy Birthday to You, Happy Birthday Dear Value Added Tax, Happy birthday To Yoouuu…… Yes, your and my favourite tax hit its 50th birthday on…. You guessed it April 1st. For many businesses (and accountants for that matter), the humour in that date was not lost. Over the years VAT has been a constant issue, […]
Tips on Keeping Your Cash Flow Moving as a Small Business
Tips on Keeping Your Cash Flow Moving as a Small Business Whether you’ve been in business for one year or ten, bring in £500 per week or £500,000 per month, your business relies on cash flow. You can’t just spend everything you make; keeping your bank account in the green is an art form. Fortunately, […]
The End of The Hidden Economy? HMRC To Enforce Tax Checks on New and Renewed Licenses.
The End of The Hidden Economy? HMRC To Enforce Tax Checks on New and Renewed Licenses. Well, they threatened, and then they consulted, and then this: The consultation discussed the principle of conditionality, which would involve making access to licences or services needed to trade conditional upon tax registration. It explored how conditionality could […]
How to make a Personal Tax Account with HMRC
Click here to view an updated version of this post. Registering for a Personal Tax Account with the UK Government is free and can be done in just 10 minutes. You’ll need: Your National Insurance number. Your Passport. You can use your personal tax account to: check your Income Tax estimate and tax code […]
