Recent HMRC cases against individuals and businesses have once again shone a light on the use and payment of family members in the business. In one case, a tribunal judged that payments to a son had been made out of parental love and affection and were not wholly for the purposes of the trade. In […]
With the introduction of new GDPR legislation just around the corner, now is the time to look at your systems and processes to see where you may need to make changes to ensure you comply. One aspect of data collection and privacy that will impact most companies is their website. So, what do you need […]
The continued push towards more automated statutory reporting to HMRC will see the Government’s Making Tax Digital (MTD) initiative rolling out from 2019 onwards. The first phase of MTD requires companies to keep ‘digital’ records and, in particular, digital VAT records. This means that businesses who currently use manual books and spreadsheets will need to […]
Since the ‘Millennium Bug’ it has felt like there is always an event or new piece of legislation coming down the pipeline which is set to cause a major impact to all businesses or shake up a particular sector. Having only just caught our breath after Auto Enrolment, we are now presented with GDPR (General […]