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,...
What you can start doing about MTD for ITSA now
Despite the current chaos in government all signs point towards Making Tax Digital for Income Tax Self Assessment – or the snappily named MTD for ITSA – going ahead from April 2024 as planned. Scarily that is now less than 18 months away. As accountants we...
What are the benefits of filing my tax return early?
You’re busy juggling all the different responsibilities of running your own business. Filing your tax return is on your to-do list but somehow, someway, it keeps getting put off. We’ve all left something until the last minute. You have a lot on your plate, and it’s...
Understanding the changes to National Insurance
Rishi Sunak had a few difficult decisions to make prior to his Spring Statement on 23 March. Knowing that households are going to be increasingly squeezed by rising costs of energy, fuel, food, in fact almost anything that we buy due to rising inflation, and with the...Follow Starfish Accounting
