What is “Making Tax Digital”? Making Tax Digital (MTD) is a government initiative to modernise HMRC’s tax system, with the aim of making the whole process of administrating tax simpler and more efficient. All of your tax information will be
The McPhersons team spent the day at the National Motorcycle Museum in Birmingham recently increasing their expertise on Making Tax Digital. They came away with all the tools necessary to guide clients through the process of moving their accounts online
Labour has announced that it would abolish tuition fees as early as autumn 2017. This was announced on the deadline day that people need to register to vote, with the aim of encouraging more young people to vote. How will
According to The Telegraph, Google will pay €306m (£259m) to settle a tax dispute in Italy and end a criminal investigation into whether it avoided paying the full amount on its revenues in the country for more than a decade. Read.
McPhersons treated some clients and associates to a day at the cricket on Sunday at Saffrons in Eastbourne for the Royal London One-Day Cup. Sussex were playing Gloucestershire and the latter chased down 240 with 8 balls to spare. See
Most of the funding for a £7.4bn-a-year cash injection for the NHS will come from higher income tax on top earners, Labour says. Read.
However the drinks company plans to challenge the decision. Read.
The announcement was made that in order to raise £5bn to improve education the current 19% corporation would rise to 26% by 2020-21. However, smaller firms with profits of less than £300,000 would see more modest rises to 21%. Read.
Last month saw a scheme which has the potential to offer major savings on childcare costs start to be phased in. Tax-Free Childcare will be open to working families – defined as couples or individuals who are each expected to