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    Welcome to Views from the flipside

    Here you'll find all the latest news and opinions from LDF covering finance, business, brand and much more.

One in four businesses will miss the tax deadline
12 January 2018

One in four businesses will miss the tax deadline

Now that we are into the New Year, the attentions of many small business owners will now likely turn to the fast approaching January tax deadline. Whilst for a large number, this will already be in-hand, for many...

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Thousands submit tax returns over the Christmas period
5 January 2018

Thousands submit tax returns over the Christmas period

Whilst many of us were relaxing over the Christmas break, thousands of self-employed and small business owners were busy completing their tax returns, perhaps determined to get this off the agenda before the New Year.

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How to pay your tax bill after the HMRC credit card changes
19 December 2017

How to pay your tax bill after the HMRC credit card changes

The number of people using credit cards to pay a tax bill hits a record 800,000, but there are other ways of spreading this cost.

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How to solve the VAT payment problem
18 September 2017

How to solve the VAT payment problem

In recent times, there’s been what can only be described as a huge sea change in the way people think about financing recurring payments such as VAT. Whilst many businesses had previously eschewed the idea of...

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All you need to know about VAT - and how to fund it...
24 July 2017

All you need to know about VAT - and how to fund it...

VAT is a tax on the final consumption of certain goods and services, but is collected at every stage of production and distribution. Most business related goods and services will be subject to VAT, with the standard...

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Almost half of UK small businesses say they struggle with paying taxes
30 May 2017

Almost half of UK small businesses say they struggle with paying taxes

Running a small business is a challenge; in fact, according to a survey by UK insurer RSA, more than half of British small businesses (55%) go under within their first five years. Of all the threats to the survival...

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Larger firms hit by Accelerated Payment Notices
11 May 2017

Larger firms hit by Accelerated Payment Notices

In the last financial year (2015/2016), the HMRC collected £943m of Corporation Tax via Accelerated Payment Notices (APNs) from larger companies, as reported by law firm Pinsent Masons. Introduced in 2014 by HMRC,...

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Tax and VAT bills: how can finance help?
7 April 2017

Tax and VAT bills: how can finance help?

In the first of the series, we discussed how investment into a clear marketing plan could boost your business exposure. In the next instalment, we discuss the different types of tax payments that could affect your...

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Tax doesn’t need to be taxing for small businesses
20 March 2017

Tax doesn’t need to be taxing for small businesses

Almost half of UK small businesses say they struggle with paying their tax bills, according to a survey by UK insurer RSA, so is it time to re-assess how they tackle this?

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Taking the headache out of tax for Smaller Businesses
30 January 2017

Taking the headache out of tax for Smaller Businesses

The self-assessment tax deadline is tomorrow, and it isn’t just individual taxpayers feeling the heat. Many small businesses, particularly those structured as limited liability partnerships, will also need to file...

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Time is of the essence: when do you pay your tax bill?
18 January 2017

Time is of the essence: when do you pay your tax bill?

Last month, we asked businesses the question, 'How do you pay your self-assessment tax bill?' But with just under two weeks left until the tax deadline (on 31st January), we now want to know, when do you pay your...

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Self-Assessment Tax: How do you pay yours?
15 December 2016

Self-Assessment Tax: How do you pay yours?

As we’re sure you’re aware, the deadline for your tax payment is just around the corner. With Christmas already a busy time of year, many smaller businesses may not have considered this costly expense. In a recent...

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Making Tax Digital – what does it mean for you?
29 November 2016

Making Tax Digital – what does it mean for you?

Today, Rosie Forsyth from Wilkins & Co Chartered Accountants joins us for a guest post all about the government’s new digital tax system, and how best you can prepare your business for the new changes.

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What the Autumn Statement means for SMEs
24 November 2016

What the Autumn Statement means for SMEs

Yesterday’s Autumn Statement saw the chancellor announce a mild loosening of the public finances in order to invest in closing the productivity gap between Britain and other developed nations. Against a backdrop of...

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Tax Self-assessment: Simplify your return by submitting online
28 July 2016

Tax Self-assessment: Simplify your return by submitting online

With the self-assessment tax deadline now just days away, many businesses will need to pay the second installment of their self-assessment tax bill.

In the first half of the year, HMRC reported that the highest...

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