Much has been made of the imminent arrival of HMRC’s latest digitisation project, Making Tax Digital (‘MTD’), and the impact it will have on smaller businesses and partnerships. The original proposal – to enforce quarterly digital reporting of accounting data from April 2018 - came under fierce criticism from business owners and professional bodies alike and has led to a dramatic step down from HMRC.
Each month the Ecovis Online team takes a look at the developments taking place in the SaaS market including accounting and reporting. To see what's happened this month, take a look at this blog.
The expansion of the ‘gig economy’ is riddled with legal and fiscal pitfalls for those workers deemed self-employed. Is it time that the legal framework governing this business model brings parity with the rights of those with “permanent” employment contracts.
General Data Protection Regulation (GDPR) ﹘ The GDRP comes into force on 25 May 2018. It will reform data protection law fundamentally throughout the EU. As a Regulation, it will have a direct effect, repealing the Data Protection Act 1998 (DPA) which was implemented by Directive 95/46/ EC.
We are becoming increasingly aware of more and more sophisticated scams involving fraudsters pretending to be from HMRC. Read this blog to find out how you can stay safe.
The government has been given a strong signal that changes are needed to tackle perceived problems with the so-called “gig economy”. Find out what Chris Sparkes, Ecovis Tax Partner, has to say.
With the election almost over, those who work within the creative industries may wonder what the outcome of the election may bring. We thought it might be useful to see what promises each party is making to the creative sectors.
The online accounting world is changing rapidly and we think it’s important that you’re kept up to date on the latest product developments. Each month we will be releasing an update on the latest releases as well as giving you an insight into some items that are in the pipeline.
The UK has been the largest recipient of US investment for a number of years and the attraction of the UK as a destination for further US investment could be further increased in a post-Brexit world.
On Thursday 18th May Ecovis hosted an event titled "Strategic IT for Architects" in conjunction with Fitzrovia It. The event focused on the use of cloud technology in Architecture Practices. Download the presentations here.
Research conducted by mutual insurer Royal London and YouGov has found that over £400 billion in wealth is held by Britain’s grandparents and it is set to cascade down through the generations to the benefit of Millennials in the coming years.
At the start of April, the new tax year, there was a change to the earnings thresholds that many employers use for auto-enrolment. This means there is a new ‘qualifying earnings’ (QE) band to use when calculating auto-enrolment contributions. Read on to find out what this means for you.
HMRC has updated its guidance on how to spot phishing and bogus emails seeking your personal information. The key point is that HMRC is a late and reluctant user of emails so it makes sense to look carefully at any email purporting to be from them before opening it, or taking any action requested. Read this blog to find out more.
There are four key areas that, as a Landlord, you need to be aware of as they may have a significant impact on the tax you pay. Read this blog to find out more.
With the end of the tax year almost upon us, the 2016/17 P11D reporting season is looming on the horizon for employers. It won’t lessen the reporting obligations for the 2016/17 tax year, but employers can register with HMRC before the end of this tax year to payroll employee benefits for the 2017/18 tax year. Read this blog to find out more.