Making Tax Digital Deferral

A bit of good news for a summer Friday morning. Yesterday – Thursday 13 July – the Government announced a deferral in the timescales for the ambitious Making Tax Digital programme – the one where businesses would have to submit quarterly figures...

FreeAgent Software

By now readers of this newsletter should be aware of the impending arrival of Making Tax Digital. Staging dates are: April 2018 sole traders / partnerships over vat limit – Income Tax and NI April 2019 sole traders / partnerships under vat limit – Income...

Self Assessment Questions

Some questions in from a Yoga Teacher: I’m just filling out my first online self assessment and I have a few questions: Do I need to tell them about my child benefit claim? If so, in which section? I am self employed, I teach my own classes under my own name and...

VAT and the Yoga Teacher

We’ve got a guide to VAT on our website. Today its been updated with new guidance and a section on case studies. See the guidance and case studies here A lot of these examples focus on studios, as our experience is that solo yoga teachers rarely reach the VAT...