Will the initials MTD now stand for Missing The Deadline? HMRC’s new Making Tax Digital (“MTD”) programme was scheduled to be rolled out to small businesses from April 2019. However, following a scorching report from the House of Lords committee on economic affairs, the rollout may now be delayed by another year. This will be good news for many small …

Chancellor Phillip Hammond presented his Autumn Budget on Monday 29th October. He skilfully avoided making the speech on the actual day of Halloween itself but was his famous Budget case full of horrors or a pre-election giveaway ? Marc Bennett of AEL Markhams, provides some insight on how the key budget measures may affect business owners. Click here to read …

YEAR END TAX REVIEW 2017-2018 The tax system behaves like a hydra monster, no sooner has one head been chopped off, two more grow in its place. From April 2018 the UK will have three versions of land transaction tax and three types of landfill tax (in Scotland, Wales and the rest of UK). There are also likely to be …

IMPORTANT NOTICE TO ALL CLIENTS from Marc Bennett : Tax Investigations as a result of Offshore non-compliance – VERY IMPORTANT I am writing to advise you that if you have any under declared taxes from overseas assets i.e. tax that should have been paid on bank interest, property income or other overseas assets, then it is vitally important that a …

HELLO, WELCOME TO THE AEL NEWSLETTER Business Owner #1: “Are you busy?” Business Owner #2: “Yes I’m really busy.” Business Owner #1: “That’s great, you must be making enormous profits” Business Owner #2: “Errm…actually no, I’m too busy” Recognise the above? This recurring conversation between business owners takes place every minute of every day. Building a sustainable, profitable, and world class …