New Year Tax Newsletter - January 2018
03 January 2018
Wishing all our Daly Park friends and clients a Happy New Year and hope you're all looking forward to all that 2018 brings. Read our January 2018 Tax Newsletter for the latest tax news...
January's tax newsletter includes:
- Disincorporation relief will not be extended beyond 31 March 2018, probably due to lack of uptake by eligible businesses.
- 26% of small business owners are not confident in their basic digital skills and experiencing skills shortages in workforce and recruitment processes.
- HMRC is withdrawing the facility to pay by personal credit card for tax returns as of 13 January 2018. Business credit cards can continue to be used but with higher transaction fees.
- Private sector businesses in the UK hit a record high - 5.7 million - "Small businesses are the backbone of our economy".