Accounting

This category contains 74 posts

Making Tax Digital is almost here

Making Tax Digital for Business (MTDfB) starts 01 April 2019 for VAT-registered businesses over the VAT threshhold, and from 01 April 2020 for all others. To get my clients ready – whether mandated to submit tax returns in 2019 or later – I will be test-driving various software from the published list of approved providers … Continue reading

Correcting Pay Errors on the Basic Paye Tool

I will suggest doing the correction prior to sending off your next regular Full Payment Submission (FPS). The steps are: Select the Employer. Then ‘Manage employees’. Select the employee. On left hand side, click on ‘Employee payments’. You will now see a table with headings: ‘Date of payment’, ‘Pay for tax purposes (£)’, ‘Submission status’, … Continue reading

BTC is dropping…

The value of bitcoins (BTC) is dropping – Coinbase Exchange, 17 Jan 2018 11:32, records a dip of £6,723.80 since last month – and alternative crypto coins, aka altcoins, are following the leader (see Coinmarketcap.com for comprehensive details). However, be aware that dumping your wallet now not only generates lower income, it may make you … Continue reading

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