In the 2018 Autumn Budget, Chancellor Philip Hammond announced a handful of changes to capital allowances, including the introduction of a new allowance, termed the Structures and Buildings Allowance (SBA). Here, we look at these changes in more detail. Alterations to the Annual Investment Allowance Most firms are able to claim a 100% Annual Investment […]
some info here about 2019 From April 2019, HMRC is introducing Making Tax Digital (MTD) as a part of its ongoing digitisation program. This means it will become compulsory for all businesses with a turnover of over the current VAT threshold of £85,000 to maintain their VAT records digitally and submit VAT returns through MTD compatible […]
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