What does it mean? Making Tax Digital (MTD) will mean that you cannot log on to HMRC’s website and file the VAT return. You have to file the VAT return directly from your accounting software. The accounting software must contain all your transactions in digital form, or must be digitally linked to other software that contains all your transactions. When …
The budget: how does it affect the Third Sector?
Here’s a few things we thought might be relevant to our client base. Off-payroll working The public sector off-payroll rules will be extended to the private sector from April 2020. This means that if you are engaging someone on a freelance basis you will be obliged to assess their employment status. If you deem them to be employed, then you …
Childcare Voucher Scheme is closing on 4th October 2018 – last chance to make savings!
Childcare Vouchers allow you to pay up to £243 per month to a childcare provider: the £243 is deducted from your gross pay. Therefore you save tax and Employees National Insurance, and the employer saves Employers National Insurance. This means the employee saves up to £933 per year in cash terms (£1,866 for two parents). It is more beneficial than …
More co-ops? A report on how to make it happen
The New Economics Foundation (NEF) has launched an independent report, commissioned by the Co-operative Party, setting out an ambitious vision for a UK co-operative sector double the size it is today.
