Making Tax Digital – latest from HMRC HMRC have published their responses to the consultation process which was completed in November. Unsurprisingly they have largely ignored the almost unanimously expressed concerns of the accountancy profession and are sticking to their original timetable. The main objective is to create a single online tax account where taxpayers
INCENSED OF WELLS … OFFERING PROTECTION FROM THE TAX MAN It has become something of a standing joke in these parts, that with increasing – well, we shall call it maturity – Mr Bowe, the Head Honcho, has developed a tendency to a certain, and indeed justifiable (or so he tells us), ‘curmudgeonliness’. It seems
Over the last few months we have been advertising in The Mendip Times. We’re proud to show these off and we hope you like them. Do you have a favourite?
Counting the Benefits of Old Age You may well know already, but if you don’t, I’m here to tell you, that Wells is now a dementia friendly city! As a company based within the city, we decided to invite Claire Chettoe, who works with the Alzheimer’s Society, to train the staff to be “dementia friends”.
Welcome to the special Autumn Statement 2016. We hope you enjoy reading this tax newsletter and find it useful. tax-newsletter-autumn-statement-2016
HMRC are pushing ahead with their Making Tax Digital initiative and have issued a number of consultation documents on which they have invited comments. The consultation however is only really about the detail of the “how”, not about the “if” or the “when”. The enticing idea that we will no longer have to complete tax
The market for online accounting software has become saturated with contenders offering very similar features, albeit presented and administered in different ways. With so much choice available, selecting an online accounts package will largely be based on personal preference as to how the system looks and operates. The four online accounting packages that Probusiness can
The data input into a ‘cloud’ system is hosted remotely, rather than on just one computer, offering ease of access and sharing of information. This means that providing you have an internet connection and are able to log in, you can view your accounts from any place at any time, via any computer or device
A number of online accounting programmes have become available in recent years, and have grown in popularity as an alternative to traditional ‘paper-based’ desktop accounting. These allow for accounting records to be stored online, which is sometimes referred to as ‘cloud-based’ accounting. These programmes – the most popular of which include Kashflow, Quickbooks, Xero and
If you have to fill in a tax return the onus is on you to get it right. HMRC receive information from lots of other sources – PAYE from employers and pension providers, interest details from banks and building societies, pension and benefit details from the Dept. of Work & Pensions (DWP). They will use