Why we have our own HMRC agent access
When you onboard with us, we’ll ask you to authorise us to file taxes on your behalf. We do this by linking our “agent access” login to each of your HMRC tax references. You might be wondering why we prefer to have our own agent access instead of logging into yours....
How will the basis period reform affect my business?
HMRC have recently introduced changes to the basis period of taxation for certain businesses. Buckle up and grab a mug of something hot, because we’re going to dive into the details of how basis period reform could affect your business. Basis period reform will...
How do the trading year and tax year differ, and what effect does it have on my business?
If you’ve ever wondered what the difference is between your trading year and the tax year, your curiosity couldn’t have come at a better time. HMRC have recently introduced changes that make distinguishing between the two – and choosing the correct trading year...
Why you need to digitise your business
Although the Making Tax Digital (MTD) for Income Tax Self Assessment deadline has been pushed back to April 2026, there are umpteen benefits to digitising your tax processes now. Whether you’re currently using computer-based spreadsheets or pouring over paper files,...
VAT penalties are changing from 2023
Alas, there are yet more changes to get your head around. HMRC have now decided to change VAT late submission penalties, late payment penalties, and VAT interest charges. As if we didn’t have enough to worry about in this period of flux and seemingly endless...Follow Starfish Accounting
