Why MTD is a Statistical Trap
At Archers & Co, we don’t sugarcoat the truth: HMRC knows exactly how many people struggle with deadlines, and they’ve…
Read more
accounting
The Uncomfortable Truth: Is MTD for ITSA Just a Penalty Trap?
Let’s stop pretending that Making Tax Digital (MTD) for Income Tax Self Assessment is a gift to small businesses. The…
The Liquidation Trap
Navigating Liquidation and the “Phoenixism” Trap For many business owners, the end goal is to eventually liquidate (or sell) their…
Making Tax Digital (MTD) – Fines
Making Tax Digital: The New Reality of Quarterly Submissions and Heavy Fines The landscape for UK sole traders and landlords…
HMRC Late Submission Penalties
Missing HMRC deadlines can be costly. Late submission penalties apply to tax returns, VAT returns, payroll filings, and statutory accounts,…
Forensic Accounting
The True Value of Forensic Accounting When legal or regulatory challenges arise, the insight of a forensic accountant can be…