MTD for Income Tax (MTD ITSA)
HMRC has published a Making Tax Digital Guide to assist taxpayers and self-employed individuals in their income tax self-assessment. This guide (MTD ITSA) will provide taxpayers with greater clarity and explain some frequently asked questions. Register with MTD ITSA...
Running Your Business as a Sole Trader
Photo by Sean Pollock on Unsplash Can two people work together to run a business as a sole trader? This may be a question you’ve thought about or prepared to consult. In this issue, we will answer whether it is feasible to operate a sole trader in a joint...
Import VAT for Small Business
We detailed HMRC’s move of customs declarations to the new customs IT platform in a previous article. At that time, the previous customs system (CHIEF) will be replaced. Click here to view the original text In this article, we will focus on providing small and...
Tips of Hiring Your Family Members
Recently, our client, Ms Wang, stumbled upon us and asked us what to look out for when hiring family members. Maybe you’ve thought about the same thing, since hiring a family member might be a good idea after all. Family ties may increase trust and...