Is the future really brighter by making tax digital?

Posted by Ryan Keltie 11 October 2016 10:10 AM

HMRC announced a new Making Tax Digital (MTD) initiative in March 2015 and has published a roadmap and consultation documents setting out the plans to transform the tax system in more detail.

The overall aim is to make tax digital by 2020 for landlords and self employed tax payers, so that they can register, file, pay and update their information electronically, interacting with HMRC on a digital basis at any time of the year, eventually dispensing with the need to complete an annual tax return.

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Topics: tax HMRC

What are 3 things we learnt from a world class business?

Posted by Phil Murray 21 September 2016 02:18 PM

We recently traveled to the awesome Xero HQ in Milton Keynes as part of our "people's prize" sponsorship of the "If We Can You Can" Challenge.

The winner of the Peoples Award (Ami Davies from My Little Explorer) had the chance to share her business idea and the challenges she faces with the Executive team of Xero. They in turn provided support and guidance that could prove invaluable for Ami as she embarks on her business journey.

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Topics: Xero

How could Brexit impact business owners?

Posted by Glyn Davison 29 June 2016 08:00 AM

At 6am on 24th June 2016 it was confirmed that the UK had voted to leave the European Union. Now please note we will not be leaving immediately and the UK is still a member of the EU (and will still remain so for several years). But the vote has already triggered an extraordinary chain of events.

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Topics: EU Referendum BREXIT

Inheritance Tax - What is it all about?

Posted by Hollie Ord 14 June 2016 03:03 PM

We hear a lot of people telling us that Inheritance Tax (IHT) doesn’t apply to them or that it’s not their problem. This is understandable as people tend to imagine the tax as only impacting upon the super rich, plus that fact is that it only kicks in once you die.


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Topics: tax IHT CGT Capital Gains Tax Inheritance Tax Lifetime Gifting

Why Invoice reminders are your secret weapon to getting paid on time

Posted by Darren Wingfield 25 May 2016 08:30 AM

Cash flow is important. In fact, many of the small business owners we know think it’s the most important factor for your business. 

The easiest way to maintain cash in your business is to get paid. Not only that, you need to get paid on time.

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Topics: Xero Add-Ons

Do the new changes at companies house affect you?

Posted by Phil Murray 23 May 2016 11:08 AM

As from 6th April, nearly all UK companies and LLP's will be required to keep a register of People with Significant Control (PSC) , and people who control companies or LLPs will be subject to new disclosure requirements.

Relevant companies and LLPs must keep the new registers from 6th April 2016 and file relevant details with Companies House from 30th June 2016.

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Topics: Business Owner

7 things you need to know about R&D Tax

Posted by Joanne Warren 13 May 2016 10:04 AM

I get a lot of questions about R&D Tax as more and more business owners are starting to understand the relief and how it works. There is nothing as a 'stupid question' we see them as something you have on your mind that need answering. We have pulled together a list of the most common questions we have been asked over the past few months relating to the different aspects of the R&D Tax Relief Scheme.

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Topics: Financial Controller Business Owner

R&D Tax Credits Made Simple

Posted by Joanne Warren 10 May 2016 03:21 PM

I find that many business owners are either unaware of the potential benefits of R&D tax credits, mistakenly think they are difficult to qualify for, underestimate the potential benefits or simply do not think the scheme will apply to their business.

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Topics: R&D Tax Business Owner

How are Harlands reacting to cloud accounting changes?

Posted by Phil Murray 04 April 2016 11:06 AM

Many firms are engaged with the challenge about how to incorporate cloud applications into well established service offerings to meet changing expectations, and also to breathe new life into their proposition. In this interview for Accounting Web, our commercial director Phil Murray explains the opportunities and challenges we face as a result of the "cloud"

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Topics: Xero Cloud Accounting

Harlands Accountants Reaction to the UK Budget- March 2016

Posted by Hollie Ord 16 March 2016 03:04 PM

As most of you will have seen, George Osborne has just finished delivering his eighth budget as Chancellor of the Exchequer. The Budget has been somewhat less hotly anticipated this year with little build up other than over than last couple of days, with a few predictions hitting the headlines.

Fuel Duty, pensions and buy to let properties were all expected to be on Osborne’s hitlist but the headline announcements were quite unexpected. We wanted to share our thoughts on the budget in this simple to read blog so here we go...

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Topics: Business Owner tax HMRC