Letβs start this with another question. Should you be talking to your clients about Making Tax Digital for Income Tax Self Assessment (ITSA)? Guidance around it is still fairly generic, so itβs difficult to offer clients much in the way of detail. But, the internet is slowly filling with articles rehashing what little is known…
Being a business owner has many great benefits, but there are a few challenges along the way too. One of the biggest things to overcome when going into business is the fine art of decision-making. Without a boss to consult (and to take responsibility if things go wrong), making decisions can seem a bit daunting….
Registering for VAT isnβt a requirement for starting or operating a business. In fact, a business only needs to register for VAT if its taxable turnover in the previous 12 months hits the registration threshold. But what happens to invoices when a business does become VAT registered? When is a business required to register for…