Nathan Bowden

Self assessment taxpayers due to join Making Tax Digital (MTD) for Income Tax next April will not face penalties if late filing quarterly updates.

With effect from 1 December 2025, the Financial Services Compensation Scheme will be raising its deposit protection.

HMRC has confirmed that 864,000 self-employed workers and landlords will be pulled into the quarterly reporting rules for Making Tax Digital (MTD) for Income Tax when it comes into force.

Cloud accounting has revolutionised the way companies manage their finances and work with their customers and advisers.

Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) is transforming the way self-employed individuals and landlords manage their tax affairs. Here’s a simple guide to get you started with MTD for ITSA in three easy steps.

The rules surrounding company cars are not clear cut and easy, and there are many different aspects to consider. We will take you through each consideration and where this may or may not be a tax saving.

HM Revenue & Customs are introducing Making Tax Digital (MTD) for Income Tax from 6 April 2026. This will change the way sole-traders and landlords keep their records and report their income and expenses.

Following Xero’s recent announcement that they would be implementing price increases, many have seen this as just another symptom of the increased cost of living we are all facing; however, this is due to a change in the packages being offered. It is worth understanding the detail on these changes so that businesses can maximise the potential of their package and make sure they are on the right tariff.

Xero has the benefit of an open Application Programming Interface (API), which means there are 1000’s of connections shown in their app marketplace which can integrate and talk with Xero. Some of these are their own packages which they have recently introduced as part of their core subscription.

For many companies the idea of paying tax is unpleasant let alone paying tax before it is due, however doing so could mean that you actually receive a payment from the Government by way of interest.

An event for businesses at Norwich City Football Club next month will bring together leading experts in cloud accounting and cyber security, to help business owners and managers get the most out of digital technology.

There are significant tax advantages to choosing an EV in addition to the environmental benefits, says Nathan Bowden of Lovewell Blake.