The fifth annual UK Alternative Finance Industry Report has revealed a 65 per cent year-on-year increase in peer-to-peer (P2P) lending. The P2P lending market is now worth £2 billion and small and medium-sized enterprises (SMEs) appear to be the dominant … Continue reading
Smaller estates should not have to file Inheritance Tax paperwork, says Office for Tax Simplification
The Office for Tax Simplification (OTS) has said that smaller and less complex estates should not be subject to the requirement to file Inheritance Tax (IHT) paperwork. The call was part of a review into IHT, which Chancellor Philip Hammond … Continue reading
Howard Roth chosen as a Handpicked accountancy firm
At Howard Roth we are delighted to announce that we are the latest firm selected to join Handpicked Accountants. Launched in 2017 and backed by the professional services company Begbies Traynor, Handpicked Accountants is an exclusive network comprised of the … Continue reading
Public pilot of Making Tax Digital for VAT opens
HM Revenue & Customs (HMRC) has opened a public pilot of Making Tax Digital (MTD) for VAT. The pilot is open to sole traders and companies that are up-to-date with VAT, who have not received a default surcharge in the … Continue reading
Payee names to be required for bank transfers in effort to combat fraud and errors
From next year, payee names will be checked when making bank transfers in order to ensure that funds are being sent to the correct recipient. Currently, only the sort code and account number are checked when making a transfer, something … Continue reading
