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Is Making Tax Digital just for VAT?

Is Making Tax Digital just for VAT?

by Georgi Rollings | 16th June 2021 | Making Tax Digital, Sole trader, Tips and Tricks, VAT

At the moment Making Tax Digital is only mandatory for VAT-registered businesses which are over the VAT registration threshold.  And even then it is only a requirement for filing VAT returns. But is Making Tax Digital just for VAT? The short answer is no. MTD for VAT...
Should I file my tax return early?

Should I file my tax return early?

by Jo Wormald | 17th May 2021 | Landlords, Self assessment, Sole trader, Tips and Tricks

Putting aside all the guilt connotations of the word “should” – and the fact that as accountants we are bound to say YES – there are a lot of good reasons to file your tax return early. Its human nature to let things you don’t like get...
March 2021 Tax Day Announcements

March 2021 Tax Day Announcements

by Juliet Wylie | 18th April 2021 | Corporation tax, Self assessment, Tips and Tricks

We all heard the announcements made in the 2021 Budget on 3 March 2021. But did you know that HM Treasury published more than 30 tax policy announcements and documents? These Tax Day announcements were made less than 3 weeks later. No changes will be implemented in...
More business support announced in the Budget

More business support announced in the Budget

by Georgi Rollings | 4th March 2021 | Corporation tax, VAT

The Budget yesterday was the first since the start of the Coronavirus pandemic and following the end of the transition period arrangement between the EU and the UK. We were happy to see that there is still significant support out there for businesses that have been...
Payments on Account

Payments on Account

by Annie Upton | 29th January 2021 | Directors, Self assessment, Sole trader

It’s the end of January. January generally isn’t the best of months in “normal” times. In the middle of yet another lockdown with all the worry and stress that goes with that, even if you don’t know anyone who has got COVID, this January...
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Starfish Accounting is a trading name of Starfish Accounting Limited. Registered in England and Wales, company number 07582136.
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