The construction industry scheme

CONSTRUCTION INDUSTRY SCHEME Few sectors have such an impact in the UK as the construction industry. It not only provides the fabric of our nation – the places where we live and work – but also underpins our entire economy. And upcoming changes for reverse charge VAT. Few sectors have such an impact in the […]

OXON Insider: Newsletter AUG 2019

DEMAND FOR DIGITAL SKILLS AMONG BUSINESSES TIPPED TO ‘SKYROCKET’ Businesses could be set to face an increasing talent gap in the coming years as demand for digital skills continues to rise. The Confederation of British Industry (CBI) said 67% of UK irms currently have unilled digital vacancies. Its Delivering Skills for the New Economy report […]

Identifying Inefficiencies In A Business

Accountants, as a breed, are fans of eiciency. We tend to appreciate optimised systems and abhor waste, whether it’s time, effort or resources being frittered away.

The scourge of late payments

When you supply goods and services, you expect to be paid, and promptly, but Britain has a deeply embedded culture of late payments. Indeed, for some businesses, delaying payment is an essential part of the business model.

OXON Insider: Newsletter June 2019

In this month’s insider we have covered, how small business owners have been hit out at ‘unfair’ UK tax system, govt. urged to introduce stamp duty tax break for downsizing and much more.

OXON Insider: Newsletter May 2019

In this month’s insider we have covered MPS call for break-up of 4 big accountancy services, how tax measure is biting landlords, delay to probate fee increase and making tax digital government programme.

Registering for Making Tax Digital for VAT

MTD zero-hour is here. The moment has come: if your business has a taxable turnover above the VAT-registration threshold, which is currently £85,000, you’re now obliged to keep records in digital form and to file your VAT returns using HMRC-approved software.