In its latest Business Support Update, Streets Chartered Accountants dives into Making Tax Digital, the opening of its new Birmingham office, cyber risk in light of the Ukraine conflict, year end tax planning, and more.
Making Tax Digital applies to all VAT registered businesses from April 2022. Are you ready?
Since April 2019 most VAT registered businesses with a turnover over £85,000 have been within Making Tax Digital (MTD) for VAT. This means that they have had to keep digital records and submit their tax returns via MTD compatible software. From April 2022 MTD for VAT is being extended to all VAT registered businesses. In practical terms this means that they will no longer be able to submit their VAT returns via the old HMRC portal.
New Birmingham office sees Streets become a truly pan regional assurance and advisory firm
Streets have opened a new office in Birmingham as part of its firm wide growth strategy. The new office, located at the Birmingham Business Park, along with well-established offices across the Midlands – including Lincoln, Luton and Northampton – mean Streets are now a pan regional player covering the East, West and South East Midlands.
Streets appoint Martyn Shakespear as head of banking & finance
Streets have announced the appointment of experienced banking and advisory specialist, Martyn Shakespear, as head of banking & finance. Martyn joins Streets with over 40 years’ experience of providing funding advice to SMEs and corporates.
In this session, cyber security specialists Rick Jones, CEO of DigitalXRaid, and Oliver Pinson-Roxborough, CEO of Bulletproof, discuss the heightened level of cyber threats faced by businesses in light of the Ukrainian conflict. In discussion they also provide practical guidance and advice to businesses about managing cyber threats and ensuring cyber security.
What does 2022/23 look like for payroll?
As we head into the final few weeks of the 2021/22 tax year, and following last year’s Autumn Budget announcements and the news of the National Insurance rise that preceded it, what do those charged with payroll need to know to start preparing for the new tax year on 6th April?
Year End Tax Planning Guide 2021/22
With the end of the tax year fast approaching, now is a good time to review your business and personal finances to ensure that they are as tax-efficient as possible. As your accountants, Streets can work with you to make sure your business and personal finances are in a strong position to weather whatever lies ahead. This includes planning to make the most of the tax-saving opportunities available to you, particularly ahead of the tax year end.
