The Budget notes are now publised for you. It is becoming increasingly difficult to keep up with HMRC’s changes in tax law. Although the Budget was harsh on the Self Employed last week, we are working to mitigate these changes wherever possible. We have personally written to the Government to express our concerns regarding the Self Employed NIC hike.
Lots can still be done, but everyone will need to step up and become more efficient with the way that their affairs are handled. Digital accounting is being introduced by the Government. This is not all bad. We are now moving everyone that we can on to these systems. They are quick, efficient and give so much scope for forward planning.
The day of the rolled up receipts, brown paper bags and total chaos are coming to end. We are all for it!