Starting in 2018 HMRC plans to introduce businesses to Making Tax Digital scheme. Making Tax Digital was designed to save HMRC over £8bn a year by helping to reduce the cost of fixing avoidable taxpayer errors. HMRC plans to do this by updating their online portals so that all an individual businesses tax liabilities and [...]

From April 2017 HMRC have introduced the Apprenticeship Levy for large employers & companies. This levy will only effect large businesses as the employer will only be eligible is they have an excess of 3 million pounds in PAYE tax per year. As a result, they will be required to pay an additional 0.5% of [...]

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