Ten Point Wish List for Autumn Budget 2017

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Top 30 advisory firm, Bishop Fleming, has issued a 10-point wish-list for the Chancellor’s Autumn Budget to be delivered on 22 November 2017. The firm, which delivers accounting, tax, corporate restructuring and advisory services to […]

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Watch out: Simple Assessments are on their way

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Whilst the tax office might be trying to get us all to go digital, it has decided to revert to paper for issuing new simple assessments. They will be hitting the doormat shortly. We have […]

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Making VAT Digital still happening in 2019

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The government announced last week that there will be a delay in the introduction of Making Tax Digital for direct taxes until at least 2020, though possibly until after the next general election which will […]

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Digital tax amnesty for businesses

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Top 40 accountants Bishop Fleming have welcomed the brakes being put on Making Tax Digital for business, after the government admitted it needed more time. Sole traders, partnerships and landlords with income above £85,000 were […]

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Is Making Tax Digital Dead in the Water?

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In a shock move the government has announced that a major project to digitalise the tax system for businesses is to be suspended indefinitely. Making Tax Digital (MTD) for business was meant to commence in […]

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General Election result – what now on tax and Brexit?

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With a hung parliament after the general election, what is now likely to happen on tax and Brexit? [NOTE: this article has subsequently been updated, taking account of post-election events] With the results in from […]

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Tax changes dropped ahead of the general election

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Major tax changes that were announced in the Spring Budget have been dropped by the government, due to a lack of time to pass them into law ahead of the 8 June General Election. With […]

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Tax changes sacrificed ahead of General Election

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A number of key tax changes announced in the Spring Budget have been sacrificed by the government at the last moment, as there was no time to bring them into law before the 8 June General Election. The legislative […]

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A Grand Tax Grab – tax office overcharging by up to £1000

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Top 40 accountants Bishop Fleming branded a tax office foul up as “Making Tax Diabolical”, after it was revealed that it was grabbing an extra £1,000 from taxpayers in error. Red-faced officials at HM Revenue […]

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