Monthly Tax Tips & News

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01/08/2018

August Tax Tips & News

Welcome to the Sherwoods Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!
Further MTD guidance published
In response to calls for additional clarity from businesses and their representatives, HMRC have published further information on Making Tax Digital (MTD) to support them with preparation in the run up to the start of the mandatory MTD VAT service. Read More...
 
Saving tax with simplified expenses
Certain sole traders and partnerships may benefit from using HMRC's simplified expenses regime to calculate business expenses for vehicles, working from home and living on the business premises. Read More...
 
HMRC update trust registration guidance
HMRC have updated guidance on registering a client trust to clarify which types of trust must be registered and the deadlines for registering. Read More...
 
Finance Bill 2018-19
Measures to help taxi drivers to buy cleaner vehicles, remove barriers for investment in the oil and gas industry, and tackle tax avoidance using profit fragmentation are just some of the key policies that will be legislated. Read More...
 
August questions and answers
August questions and answers Read More...
 
August 2018 key tax dates
August 2018 key tax dates Read More...
 
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Sherwoods Accountants are based in London boroughs of Croydon and Bromley, offering local business owners and individuals a wide range of services. Visit our website sherwoods.uk.com for more information.
 

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