Welcome to the February 2018 Newsletter from Certax Certax Accountants in Catford & Lewisham

As the end of the 2017/18 tax year draws closer, this month we take a look at some key planning strategies which could help you to save tax ahead of the 5 April 2018. Meanwhile, the business community has voiced concerns over government plans to change the way in which VAT is charged on imports coming into the UK from the EU, post-Brexit. The reforms could require businesses to pay VAT upfront to HMRC in cash, rather than at the final point of sale. Strategies for saving tax ahead of the 5 April year end With the end of the 2017/18 tax year approaching, now may be the ideal time to think about strategies to help mitigate your tax liability. There are many different options to consider so do

Welcome to the January 2018 Newsletter from Certax Accountants in Catford & Lewisham

HMRC recently unveiled plans to replace the £100 late filing penalty for late or missing self assessment tax returns with a new points-based, 'driving licence-style' system. Meanwhile, as the dust began to settle on Chancellor Philip Hammond's Autumn Budget, Derek Mackay, Finance Secretary for Scotland, delivered the Scottish Draft Budget on 14 December, outlining a series of changes to income tax rates and bands. Additionally, a recent government survey on Making Tax Digital (MTD) has revealed that seven in ten respondents are 'unaware' of the new digital tax initiative, with a further 40% reporting that they need additional guidance to begin preparing for the introduction of MTD in April 2

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