Making Tax Digital Postponed Until 2019

HMRC have made some significant changes to the roll-out of its Making Tax Digital scheme. It was due to go live from April 2018.   The scope and timetable have now been pared back. Following feedback and concerns about scope and short timescales from HMRC, the accounting profession and software...

Rent a Room In Your Home

The Government intends to review the rent-a-room scheme, it currently remains a tax-efficient way of letting out a spare room. HMRC’s rent-a-room scheme is an optional exemption scheme. It allows individuals to receive up to £7,500 of tax-free gross income from renting out spare rooms in their home. The exemption is...

Have You Set Up Your Personal Tax Account?

  Have you set up your personal tax account? If you haven’t you should sign up! Use your personal tax account to check your records and manage your details with HM Revenue and Customs (HMRC). This will need to be implemented before the transition into Making Tax Digital. The...

Photo shoot with Davey Myers

We were lucky enough to have our photo’s taken with Brighton based photographer David Myers at his studio in Brighton. Here are some of the shots, expect to see the finished products with the newly designed website in the next few weeks!        

Labour Pledges £1bn Towards Art and Creative Industries

Labour to create a £1 billion culture fund and end cuts to local authority funding it if wins The manifesto which was published on May 16th. Labour would introduce a cultural fund to “upgrade our existing cultural and creative infrastructure to be ready for the digital age”. The fund would...

Tax-Free Scheme for Childcare Launches

  Tax-Free Childcare was first announced in 2013, after years of delays and uncertainty, it finally began to roll out on 28 April 2017.   INVESTING EFFICIENTLY Tax-Free Childcare is a scheme which allows parents to pay into an online account. Subject to any restrictions, the money paid in...