Show me the money!

You’ve probably heard the saying “Turnover is vanity, profit is sanity but cashflow is reality”. If this is true then surely a focus on collecting the cash owed from the people you have supplied services or goods to is on the top of your to do...

Making Tax Digital – More Questions Than Answers?

With the postponement of the original Making Tax Digital (MTD) deadline, the focus switches in the short term to digital VAT filing. The MTD delays were announced by HMRC as being due to “listening” to the concerns of the professional accounting and tax bodies that...

Making Tax Digital (MTD)

I am getting increasingly fed up reading articles about the delay in Making Tax Digital being a positive. The hint is in the word “delay”. Ok so some unpopular bits of MTD have been changed but that doesn’t mean it will never happen. HMRC have a target and a “big”...