ProductVision provides innovative software that automates processes, thereby improving accuracy and reducing time spent on essential tasks. The same could be said of Xero accounting software. Could the two prove to be a match made in the cloud?
Archives for November 2017
GDPR – the new data protection rules
If you aren’t already aware of GDPR and what it stands for, you will certainly be hearing more about it over the coming months. The new rules for the protection of personal data come into effect in May 2018 and there are implications for most businesses.
Making Tax Digital brings changes to PAYE
We will soon start to see the effects of HMRC’s Making Tax Digital project on the PAYE system. Over the coming tax year, there will be an increase in the number of tax codes being issued. Hopefully, the changes will be good for employees… but only time will tell.
Buying a first home – Lifetime ISA v Help to Buy ISA
The new Lifetime ISA will give you a 25% tax free boost from the government at the end of each tax year. We look at whether this gives the product the edge over the Help to Buy ISA when saving to buy a first home.
Don’t get caught by bogus HMRC phishing emails
Despite repeated warnings of the dangers of responding to bogus phishing emails, it seems many of us are still being caught out.
Buying property Off-plan: Principal Private Residence tax relief
An interesting tax case this year resulted in a victory for the taxpayer and heralded some good news for individuals who have bought or are going to buy a property off-plan.
Peer to peer lending – a valuable alternative for businesses
Not all that long ago, businesses would have to approach to their bank for a loan or overdraft when they needed funding to grow or a boost of capital to keep the cash flowing. Now they have a number of viable alternatives to the traditional lenders, one of which is Peer to Peer lending – or P2P for short.
Tax-Free Childcare rolls out
At the beginning of 2017, we were getting quite excited about the forthcoming rollout of the new Tax-Free Childcare scheme. For the first time, self-employed parents would be eligible for tax relief on their childcare costs. The scheme is now available to all eligible working parents. If you haven’t applied yet, we explain the benefits of the scheme and how it works.
A longer wait for MTDfB
The government’s plans for Making Tax Digital for Business (MTDfB) have dramatically shifted course and businesses will have more time to prepare for the changes.