GDPR compliance deadline looms

GDPR compliance deadline looms

With less than one month until the introduction of the new General Data Protection Regulation (GDPR), the Federation of Small Businesses (FSB) is warning small and medium-sized enterprises (SMEs) that time is running out for them to prepare. The business group stated...
Making Tax Digital (MTD)

Making Tax Digital (MTD)

Over the coming years, the government plans to phase in its landmark Making Tax Digital (MTD) initiative, which will see taxpayers move to a fully digital tax system. However HMRC has shared a statement about how they are prioritising change in the department and as a...
HMRC Unleashes Super Computer To Boost Investigation Prowess

HMRC Unleashes Super Computer To Boost Investigation Prowess

After several years of development and at a cost of £100m, HMRC is utilising its latest weapon aimed at reducing the £36billion gap between what tax it should and does collect. Called “Connect”, HMRC’s powerful system has the ability to draw on information from a...
Protect Yourself From The Cost Of An HMRC Investigation

Protect Yourself From The Cost Of An HMRC Investigation

At Xitax Accounting Solutions we can provide you with a Fee Protection Service to protect you from the costs that may arise as a result of a Tax or VAT Enquiry from HMRC. At Xitax Accounting Solutions we can provide you with a Fee Protection Service to protect you...