Taking on the new Tax Year – looking to the future

Accountants and clients alike can share a sigh of relief as we reach the tax year-end, accounts are filed with HMRC, and everyone is ready to take on the new tax year with renewed energy and strength.   As we start the new tax year, it is important that clients reflect and take a fresh … Continued


Are you ready for Making Tax Digital?

From 1 April 2019, businesses, including sole traders, will be required to use the Making Tax Digital (MTD) system to meet their VAT obligations. Are you ready? Every entity with a turnover above the VAT threshold (currently £85,000), will be required to use MTD, using compatible digital bookkeeping software. Information will be extracted from the digital records in order … Continued


Season’s Greetings

This year has been a busy one for KPP as we have expanded our team and our offices, and 2019 is set to be even better. The political climate may be uncertain however with that comes a lot of opportunities for businesses and contractors. Our New Year’s Resolution is to speak to our clients to … Continued


Visit from the VAT man – would your business be ready?

VAT officers can visit your business to inspect your VAT records and make sure you’re paying or reclaiming the right amount of VAT at any time. If they turned up next week, are you confident you are ready?   Generally speaking businesses are selected for a VAT inspection by a computerised selection process based on criteria including the businesses turnover, its … Continued


Xero add-ons – making your business simpler

Xero cloud accounting software is not a standalone product. Once you have seen the benefits and decided to move your accounting to the cloud, there are over 700 apps that integrate with Xero to help you reach your goals.   Whether you are looking for something to help deliver projects, improve cash flow, or manage … Continued


Does IR35 apply to you?

IR35 has been around for a number of years and is a term many businesses will be familiar with. It is tax legislation that is designed to combat tax avoidance, by establishing whether people who are self-employed should actually be classed as employees for the purposes of paying tax.   Many workers supply their services … Continued


Warning against the use of umbrella companies to save tax

HMRC has published a new tax Spotlight 45 looking at the use of umbrella companies who are offering to increase your take home pay. It highlights the fact that many employees and self employed contractors are failing to realise that some staff agencies and umbrella companies are flouting tax anti-abuse rules.   HMRC have warned … Continued





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Taking on the new Tax Year – looking to the future

Accountants and clients alike can share a sigh of relief as we reach the tax year-end, accounts are filed with HMRC, and everyone is ready to take on the new tax year with renewed energy and strength.   As we start the new tax year, it is important that clients reflect and take a fresh … Continued

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