Are you a sole trader, landlord, or both? Do you earn from property or self-employment? If yes, Making Tax Digital for Income Tax (MTD for ITSA) could soon apply to you. The rules are changing. Deadlines are coming. Preparation now will save stress later. This guide...
Bookkeeping: Number collection follows on from our last blog post- Loving numbers. Previously we talked about loving numbers and why they need love. Today, we want to talk to you why and how you collect those numbers, those 'words' to tell your business story....
Make money: Take charge of your numbers Make money: Take charge of your numbers sounds like obvious advice. Above all, there's an immediate problem, and that is numbers scare people. Your school Maths teacher may have been responsible. To clarify, numbers can feel...
Ready for Making Tax Digital ? There has been a lot of news and noise about Making Tax Digital (MTD). The purpose of this short blog is to remind you of the key points about MTD, which becomes live on 01-Apr-19. Making Tax Digital MTD is compulsory if you’re VAT registered and over the VAT […]
Prepare for Making Tax Digital -MTD, of 01-April-19 will soon be upon us. HMRC have started sending out nudge letters to VAT registered businesses. We have already registered our own clients with HMRC and migrated them over to our preferred platform of choice, Xero. Here at I Hate Numbers we’d love to share our […]
Get started with Cloud Accounting and Xero Firstly financial and business information plays a vital role in the management of businesses. Furthermore it is used for numerous day-to-day operations to help: Comply with accounts, tax, PAYE and VAT obligations Tell us about levels of cash, income, costs, debt and monies owing Track income and expenditure […]
In the digital age, the UK tax system is evolving to become more efficient, effective, and taxpayer-friendly. Making Tax Digital (MTD) is at the forefront of this transformation, aimed at positioning HMRC as a global leader in digital tax administration. But what exactly is MTD, and how does it impact businesses? Let’s explore this digital […]