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Macalvins > Latest news and blog

Latest news and blog

New proposed legislation could see VAT imposed on UK taxi services

Posted on 10 August 202310 August 2023

The UK Government is considering a legislative adjustment that could see taxi operators across the UK adding VAT to their fees.

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How can your business navigate tax disputes?

Posted on 3 August 20233 August 2023

Tax disputes can put a significant strain on your business, so knowing how to navigate these is essential.

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How the interest rate increase affects your business

Posted on 11 July 202325 August 2023

Despite predictions that the rate of inflation would slow down, figures had only fallen to 8.7 per cent in the 12 months to May 2023, according to data from the…

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Tax gap wider than anticipated: SMEs should remain aware of tax obligations

Posted on 11 July 202311 July 2023

HM Revenue & Customs (HMRC) have stated that despite predictions, the tax gap has widened, mainly due to small and medium-sized enterprises (SMEs). The tax gap is the difference between…

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Declaring tax – The dangers of the hidden economy

Posted on 11 July 202311 July 2023

Recent research has revealed an increase in the number of individuals earning income through additional streams, commonly referred to as the ‘hidden economy’. This surge in additional forms of income,…

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Management accounts – Here to help during periods of economic uncertainty

Posted on 11 July 202311 July 2023

Even the most successful businesses can face bumps in the road when the stability of the wider economic climate is weakened. During these uncertain periods, businesses should have a clear…

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