Tax year basis in place from April 2024
Published: Mon, 11/01/21
Hi A Budget policy paper confirms that the switch from the current year basis to the ta year basis will happen for all self-employed individuals and…
Guilford Accounting
Payment diversion fraud: what is it and could it happen to you (spoiler: the answer is yes)?
Published: Mon, 10/25/21
Hi You may not have heard about payment diversion fraud or even know what it is, but incidents of payment diversion fraud are on the rise, due to…
Do you know your numbers?
Published: Tue, 10/12/21
Hi Your numbers are your guide. Most entrepreneurial business owners avoid numbers like the plague. They’re too busy to track them, or "not a numbers…
{Sunday supplement]: Did you miss me?
Published: Sun, 10/10/21
Hi Unless you’ve been living under a rock this week, you’ll know that Facebook vanished from the internet on Monday. The global outage, which also hit…
Significant easing of UK data protection law planned
Published: Wed, 09/15/21
Hi On 9 September, the UK government launched a consultation on reforming data protection law. The consultation sets out a radically different…
[Sunday Supplement]: "The truth will set you free"
Published: Sun, 09/12/21
Hi Welcome back to the Sunday Supplement after our (sport-filled) summer break. If like me you enjoy most sports a summer of Wimbledon, the Euros,…
Self-employed? Good luck claiming the fifth SEISS grant
Published: Wed, 07/07/21
Hi HMRC has issued guidance to self-employed ta payers about how to apply for the fifth SEISS grant, the portal for which is due to open later this…
The EU’s new VAT rules for e-commerce and the sale of goods to EU consumers from 1 July 2021
Published: Mon, 06/28/21
Hi The new European Union (EU) VAT system for business-to-consumer (B2C) e-commerce sales comes into force on 1 July 2021. This package of changes…
The Import One Stop Shop (IOSS) scheme isn’t that simple.
Published: Thu, 06/10/21
Hi The Import One Stop Shop (IOSS) aims to simplify cross-border VAT for consumers. The scheme goes live on 1 July 2021, but already some GB based ta…
[Sunday supplement]: Are you making this mistake in your business?
Published: Sun, 06/06/21
Hi Most entrepreneurial business owners want to grow their business, make more sales and generate more profit. It’s why they started the business in…