Tax News – Budget 2018

In this edition we focus on the Chancellor’s Autumn Budget announcement. MORE MONEY FOR NHS AND AN END TO AUSTERITY? As previously announced, these were the main themes of the Chancellor Phillip Hammond’s third budget but what we were waiting to hear was where the extra money was going to come from? Had he found a “Magic Money Tree”, or …

Tax News – October 2018

Welcome to our latest edition of Tax News. We hope you enjoy reading the newsletter and find it useful. CLASS 2 NICs TO CONTINUE FOR SELF-EMPLOYED In 2016 the government consulted on a proposed abolition of Class 2 National Insurance contributions (NICs) for the self-employed. This flat rate contribution, currently £2.95 a week is payable by the self-employed in addition …

E-News – October 2018

Welcome to our monthly newswire. We hope you enjoy reading this newsletter and find it useful. Marketing to Millennials Born between 1980 and 2000, Millennials are now a key target market for businesses. So how do you market your products and services to this tech-savvy generation? Millennials were the last generation to have witnessed the pre-digital era and they were …

E-News – September 2018

Welcome to our monthly newswire. We hope you enjoy reading this newsletter and find it useful. Mindful Management Being an effective manager requires a strong work ethic and the ability to guide those on your team to work toward success. Taking a more mindful approach to managing your team can help you to bring out the best in people. Mindfulness …

Tax Newsletter – September 2018

Welcome to our Tax monthly newswire. We hope you enjoy reading this newsletter and find it useful. TIME TO DECLARE OFFSHORE INCOME GAINS AND ASSETS WARNS HMRC HMRC is urging UK taxpayers to come forward and declare any foreign income or profits on offshore assets before 30 September to avoid higher tax penalties. New legislation called ‘Requirement to Correct’ requires …

Making Tax Digital event

It’s an unwelcome burden and more hassle than ever before. BUT it’s happening, Making Tax Digital (MTD). The MTD requirements will apply to all VAT registered businesses from April 2019. Most significantly, VAT registered businesses will need to make quarterly filings to HMRC of profit and loss figures. This is incredibly onerous and will simply not be possible, without considerable …

E-News – August 2018

Welcome to our monthly newswire. We hope you enjoy reading this newsletter and find it useful. Augmented Reality Tech Along with artificial intelligence (AI) and facial recognition, Augmented Reality (AR) is one of the big technology trends this year. Mobile point of sale, using a smart-phone or tablet to take payment for goods and services, is now pretty well established. …

Tax E-News – August 2018

Welcome to to our monthly newswire.  We hope you find this newsletter useful.  Please contact us if you would like to discuss any matters further. MAKING TAX DIGITAL FOR VAT GUIDANCE ISSUED HMRC have now issued their detailed guidance on the digital record keeping and return requirements for Making Tax Digital (MTD) for VAT. VAT Notice 700/22 clarifies that spreadsheets …

It’s a Knockout

Stephanie Montague (Practice Manager) is helping raise money for the wonderful Children’s Adventure Farm Trust (CAFT), a charity very close to all our hearts here at MBL. She will be teaming up with the staff of CAFT to participate in its a knockout on 12 August. Its going to be tough but hopefully a lot of fun too! Most importantly …