HMRC is offering digital support to members in August with a selection of webinars, e-learning and YouTube videos available to help you get your tax right first time. Full details here.

Taylor Review ‘cautiously welcomed’
Matthew Taylor’s Review of Modern Working Practice was cautiously welcomed by FSB when it was released this week. Also welcomed was the call for the Government to focus on encouraging self-employed people to plan for the future, reducing the potential that the taxpayer has to pick up additional costs associated with ill health or inadequate retirement saving

Making Tax Digital reforms are a lifeline for small firms
This week the Government made significant changes to the Government’s Making Tax Digital programme. The Treasury announced the current threshold for Mandatory Quarterly Tax reporting will be increased to the VAT threshold of £85,000, meaning the exemption of the smallest firms- FSB’s top priority for reform