Blog | Exchange Accountancy Services

Blog

This section of our website contains our regular tax "blogs", along with any other general interest material.

Finance Bill No2 2017

To accommodate the May 2017 election, the government rolled-over items in the Mach 2017 budget for consideration later this year. HMRC have now confir... Read More >>
Making Tax Digital – common sense prevails

Making Tax Digital (MTD) is the government’s latest attempt to fully digitise the process of collecting data from taxpayers so they can speed up... Read More >>
Tax payments due 31 July 2017

If you are self-employed, or registered for self-assessment, we are approaching “that” time of the year: your second instalment on account... Read More >>
Life in the Cloud

There seems to be a trend supporting the movement of our computer software and data to the “cloud”. Not the fluffy white variety, but serv... Read More >>
What is tax free these days

Surprisingly, there is quite a lot. As long as you are resident in the UK for tax purposes you will probably qualify for the following tax reliefs and... Read More >>
Tax Diary July/August 2017

1 July 2017 – Due date for Corporation Tax due for the year ended 30 September 2016. 6 July 2017 – Complete and submit forms P11D return o... Read More >>
McLaren racing team lose tax appeal

It is a well-established feature of previous judgements that a fine imposed to punish an organisation should not be treated as tax deductible – ... Read More >>
Landlords bear the brunt of recent tax changes

Recent budgets have done little to improve the financial position of landlords. One change stands out above the rest: the loss of higher rate tax reli... Read More >>
Self-employed combined liability

Whether you pay Income Tax or National Insurance, the effect on your cash flow is the same. The payments are a necessary part of our obligation to fun... Read More >>
Making Tax Digital – are we making progress

There is evidence that HMRC’s Making Tax Digital (MTD) implementation team are working with advisors and their clients to beta test the computer... Read More >>