Latest Accounting & Financial News

Making Tax Digital is HMRC’s approach to making the preparation and filing of taxes quicker and easier. Here we answer 10 frequently asked questions to help you make sense Making Tax Digital.

There have been further updates to the support for those businesses affected by coronavirus. But what’s changed and when are the deadlines to apply for support?

On 5 November 2020, the Chancellor of the Exchequer, Rishi Sunak, announced further measures regarding a furlough extension and support for the self-employed.

For many SMEs, preparing for Brexit and the changes it will bring is creating some confusion. To help, we have created a handy guide to answer some of the common questions that SMEs are asking us.

In August and the first half of September, we asked SMEs across the UK to share their outlook for the next 12 months. See the interesting findings here.

Rishi Sunak has announced the extension and introduction of financial measures to help the self-employed and SMEs survive through the winter and into 2021. Here, we outline which measures have been extended and the new measures that will be introduced within the next 6 months.

The next UK Budget was expected to take place in October or November 2020 based on the dates of previous Budget announcements but has been cancelled, with the Chancellor of the Exchequer’s Winter Economy Plan instead being announced on 24 September 2020.

The Coronavirus Job Retention Bonus was first announced in the Summer Economic Update on 8 July 2020. Here’s what you need to know if you’re an employer who has been claiming from the Coronavirus Job Retention Scheme.

HMRC has published its latest advisory fuel rates, which come into effect for company car users from 1 September 2020. Here is a summary of the changes since the last rates were published on 1 June 2020.

For many SMEs, the furlough scheme and the changes that are taking place each month are creating some confusion. To help, we have created a handy guide to answer some of the common questions that SMEs are asking us.