Latest News and Updates
Keep up to date with the latest articles and news from our team members – related to our services, self employment, and HMRC
Christmas Period Support (2023)
Details of support availability during the Christmas 2022 period
Cash basis to replace accruals accounting for the self-employed
The Chancellor has announced that cash basis accounting will replace accruals as the standard accounting process for self employed individuals following the consultation earlier this year. The move will also assist with preparation for Making Tax Digital (MTD) which will…
McVities VAT battle takes the biscuit…
Details of a HMRC case vs McVities biscuits to determine if a particular biscuit is covered in chocolate (in some form)
HMRC takes VAT registration fully online
HMRC are removing the option to register for VAT via paper form VAT1 from 13 November 2023
Bank of England keeps interest rates on hold at 5.25%
The interest rate has remained unchanged at 5.25% for the first time since 2021
Price changes from January 2024
Details of changes to our pricing structures from 1 January 2024
Standard first-class stamp prices to rise by 14% from 2 October
Royal Mail are increasing stamp prices and other services from 2 October 2023
Congestion Charges (such as ULEZ) are tax deductible
Details of eligibility to claim for expenses when travelling into low emission congestion charging zones, such as ULEZ.
Updates to your Business Cloud Portal
Details of updates to our latest Business Cloud Portal system
HMRC Covid-19 Helpline to close
The HMRC Covid-19 helpline will close on 18 September 2023