The latest tax updates and reminders affecting businesses and individuals. Looking at Inheritance Tax deadlines, Payments on Accounts and financing issues for small businesses.
Knowing your business' strengths and weaknesses will help you manage your business efficiently.
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...
Are you reviewing your business structure and considering switching to a limited company?
Read the latest tax and accounting news affecting small and medium-sized businesses
For the latest round-up of Tax and Accountancy news, read our June Newsletter
Making Tax Digital (MTD) is an HMRC initiative designed to make sure the UK tax system is effective, efficient and easier for taxpayers to get their tax right.
Read September's Tax newsletter for the latest on Making Tax Digital, Stamp Duty, Inheritance Tax and VAT.
In line with the Government's 'end of austerity' message and boosted by better than expected tax revenues and growth forecasts, the Chancellor gave his most eventful Budget speech to date.
Following calls for evidence by the Treasury’s Office for Tax Simplification last year, there were intimations that the Chancellor would look at lowering the VAT threshold for his 2018 Budget.
November's Tax News round-up on issues affecting you and your business.
If you have a bright idea and have spotted a gap in the market, you will want to give your new business the best chance of survival.
Are you over-stating your zero-rated sales? All food consumed on-premise of a business is standard-rated for VAT, only cold food consumed off-premise is zero-rated.
The latest tax news to affect small business, employers and employees - Making Tax Digital countdown, online Brexit advice tool, employer contribution to workers' pensions to increase next month.
This week's Spring Statement from the Chancellor was a very low-key affair with little in the way of new tax news.
Nobody likes to think about being hit by something that could jeopardise their business, but it is critical to your business's survival that you do so.
Restaurants and takeaways make up approximately a quarter of the businesses ‘named and shamed’ by HMRC as ‘deliberate tax defaulters’ since it began publishing the list in December 2017.
Catch up with the latest tax news affecting you as an individual and your business:
Cashflow problems closed down an estimated 350,000 businesses in the UK in 2016-17, according to recent statistics from the Office for National Statistics, with half of UK’s small and medium-sized businesses (SMEs) being paid late.
For the latest news on Making Tax Digital for VAT, the Employment Allowance, late tax payments and Charity Accounts Audits:
The government has announced a raft of measures aimed at both businesses and individuals in order to support them during the Coronavirus crisis. Here is an at a glance summary of the main proposals.
To help businesses and employers understand what the measures announced by the Chancellor mean for you, please use this page to navigate the latest guidance for people in Northern Ireland.
Registration is now open for businesses to apply for the £10,000 Small Business Grant Scheme.
NI Business Info has put together some of the Frequently Asked Questions about the £10,000 Small Business Support Grant Scheme:
Sign up to NI Business Info to get updated advice and support for businesses and the self-employed directly to your Inbox.
Wages for furloughed employees are now being paid through the Coronavirus Job Retention Scheme, just six working days after claims opened.
The online service to claim under the Self-Employed Income Support Scheme (SEISS) is not available yet. HMRC will contact you by mid-May 2020 and will make lump sum payments by early June 2020.
The NI Executive has launched a new NI Micro-business Hardship Fund to help NI based micro-businesses and social enterprises unable to access other regional and national COVID-19 support measures.
A new Retail E-commerce Grant is available to Northern Ireland micro-sized retailers.
If you are self-employed there are allowable expenses which can deducted from your taxable profits to reduce your income tax bill.