Blog Archive

Making tax digital and computerisation of accounting records

Posted on July 12th, 2018 by Pro Business | No Comments

Making tax digital and computerisation of accounting records From April 2019 there will be a requirement for most VAT Returns to be submitted to HMRC via software that connects directly to an HMRC computer without human intervention. This change will be the start of a general movement towards an increased reliance on technology for

GDPR – General Data Protection Regulations

Posted on June 04th, 2018 by Pro Business | No Comments

Welcome to June! Hopefully as you read this, you have spent some time strolling around the delightful Royal Bath & West Show, perhaps slurping on an ice-cream, or tucking into one of those delicious venison burgers …… but I digress. You will note that the title of this piece is ‘GDPR’. As much as I

HMRC Phishing Emails – How to stay safe

Posted on June 04th, 2018 by Pro Business | No Comments

HMRC Phishing Emails – How to stay safe Customers are advised to lookout for a new bogus email scam, claiming to be from HMRC. If you receive an email with a subject that reads “You have received new messages from HMRC”, that also has an attachment, please send it to phishing@hmrc.gsi.gov.uk and then delete

February 2018 – Mendip Times

Posted on February 06th, 2018 by Pro Business | No Comments

IN BUSINESS, SMALL IS BEAUTIFUL To be honest with you, the word ‘business’ conjures up a sense of boredom – even in me, and it is the world I have chosen to inhabit! Here’s the thing though, in order to keep the wheels of our communities turning smoothly, we need some means of earning

Small Business Saturday – Wells Voice November 2017

Posted on November 13th, 2017 by Pro Business | No Comments

Small Business Saturday It’s both wonderful and peculiarly appropriate that there is such a thing as ‘Small Business Saturday’. Wonderful because small businesses are so often the fuel of the engine of a local economy, and appropriate because so many small business people work at weekends! It makes me smile when I hear the Government’s

October 2017 – Mendip Times

Posted on October 03rd, 2017 by Pro Business | No Comments

Do you work to live or live to work? In our own household, it has been known for one or the other of us to sneak off in the evening, iPad or laptop in hand to just do some ‘catching up’. This is far more likely to be Mr B, as I am more frequently

Making Tax Digital – draft legislation published

Posted on September 20th, 2017 by Pro Business | No Comments

Who is affected? The draft legislation confirms that from April 2019 all VAT registered businesses (incorporated and unincorporated) will be required to keep their VAT records digitally, using MTD compatible software. What are the deadlines? HMRC has confirmed that the MTD quarterly submission dates may be linked to a business’s existing VAT return periods and

August 2017 – Mendip Times

Posted on July 26th, 2017 by Pro Business | No Comments

Lights, Camera, Action! Sometimes a new expertise creeps into your world in a quite unexpected way. In fact, if you aren’t careful, you can blink and miss the opportunity to pick up and run with it and in this rapidly changing world, that isn’t a great idea. A couple of years ago, the redoubtable captain

Making Tax Digital – July 2017 update

Posted on July 21st, 2017 by Pro Business | No Comments

At last someone is listening! In the latest announcement from the Government about their Making Tax Digital strategy there is an acknowledgement of the widely held concerns about the pace and scope of the proposed changes to the tax reporting systems. New parameters and a new timetable have been announced as follows: only businesses with

Workplace Pension – don’t ignore it!

Posted on July 18th, 2017 by Pro Business | No Comments

According to a report by the FSB, The Pensions Regulator (TPR) is carrying out spot checks across towns and cities in the UK to make sure that employers are complying with their auto enrolment of workplace pension duties. Inspections have already been carried out in London and Manchester and, within the last two weeks, checks

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