Robert Brault
“Optimist: someone who figures that taking a step backward after taking a step forward is not a disaster, it’s more like a cha-cha.” Robert Brault
13 May 2025
MTD – The Quarterly Updates – Are You Ready?
If you are in business as a sole trader or landlord and your turnover from both is £50000 or more, you will have to start making quarterly updates to HMRC from April 2026, less than a year away. Quarterly updates will be required for standard quarters, irrespective of your accounting period. The standard quarters are:
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Accountants Under Attack
Every week, we take a look at what is trending in the accountancy and tax press and share items that we think will interest you. However, these are only outlines and where they relate to tax planning should not be acted upon without looking into them more completely, as everyone’s circumstances are particular to them.
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The Race to the Bottom
I had an interesting discussion a couple of days ago. The people are in business and employ a number of staff. They have been in business for quite a few years and so you would expect that they know what they are doing. Mind you, profits have been elusive for the last few years as
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