What are Digital Links for MTD?
The requirements of Making Tax Digital (MTD) changed from 1 April 2021. It isn’t enough to just file your VAT return using software. Now you also have to worry about where your data comes from, and how it gets into your accounting records. So just what are...
How can I prepare for my business year end?
Your business year end is an important date to be aware of. All limited companies have their own ‘financial year’ initially set in relation to when the company was formed. Although deadlines for filing the company accounts, tax returns and payment of corporation tax...
What expenses can I put through my business?
Being a bit cheeky about what business expenses can be claimed may seem harmless in the moment. For example, like most of us this past year you’ve been working from home. You’ve noticed a great spot just right for a hot tub outside of your home office window, so you...
What do I need to do about my taxes if I’m buying and selling cryptocurrency?
Cryptocurrency is a relatively new thing compared to other income you’ll be paying taxes on as a business owner or employee. Because of its comparative newness, there isn’t a huge amount of understanding out there as to how to manage the tax impact. HMRC states that...Follow Starfish Accounting
