Monthly Archive: January 9, 2024

VAT deadlines and what businesses should be doing to prepare for them

Businesses must remain compliant with the requirements for reporting and paying VAT, especially with the regular quarterly for VAT under Making Tax Digital.

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What SMEs can do in the event of a recession

While the end of 2023 saw inflation slow down, experts have warned that the chances of a recession in the coming months are more likely.

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Tightening the reins on ‘side hustles’ – Navigating HMRC’s new powers

HM Revenue & Customs (HMRC) is now using new powers granted to them by the Government to target a key area of tax evasion – online traders.

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Our predictions for the SME business economy in 2024

Now that we have entered 2024, our accounting team has been making their predictions and discussing how best to advise our clients on preparing for upcoming challenges.  

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