The News And Tips page will be regularly updated with information we consider may be of interest to those running a small business or considering a business start-up in the future.
October 2021 TUITION PAGE ADDED – BUILD YOUR OWN WEBSITES
GeneratePress and GenerateBlocks enhance and further simplify the WordPress Block editor. Building and controlling your own website (and websites for others) is now a realistic task.
September 2021 WEALTHY AFFILIATE STATEMENT
From co-owner Kyle: “Our focus has been, and continues to be, helping YOU build successful businesses online. We do this through our education, through our platforms/tools we develop, and through the various lines of support. We also do this by helping you keep ahead of YOUR competition with the latest techniques and strategies that you need to utilise in your business. Offering the most help possible is at the core of our ethos and is the basis of every decision we make. Expect a lot more of this as we continue to move forward in the year ahead.”
September 2020 QUOTE FROM se1jobs.com
“Candidates who demonstrate a willingness to develop their digital skills will be top picks when it comes to hiring during and after the pandemic. Make yourself an attractive candidate by ……. continuously grow your skills to meet the changing demands of employers.”
September 2020 JAMES CAAN CBE QUOTATION
Dragons’ Den investor James Caan CBE suggests: “With my entrepreneurial roots in the recruitment sector, I can see equipping yourself for the jobs market is now all about reskilling yourself for the digital economy, and sharpening your pencil in terms of becoming self-employed, then on-boarding a number of clients.”
June 2020 WORDPRESS BLOCK EDITOR TO SUPERSEDE CLASSIC EDITOR
WordPress has announced it will be dropping it’s Classic Editor in favour of their newly developed Block Editor
March 2019 MAKING TAX DIGITAL FOR VAT
Pandle Accounting Software have been added to the HMRC list of software suppliers supporting Making Tax Digital for VAT
January 2019 BREXIT DELAYS MAKING TAX DIGITAL INTRODUCTION
HMRC has delayed the full roll-out of MTD to focus on the UK’s Brexit preparations. From April 2019, quarterly VAT returns are required to use the approved software, however the planned quarterly tax returns for individuals, scheduled to take effect from 2020 have been put on hold.
January 2019 INTRODUCTION OF PANDLE GLOBAL
Accounting software company Pandle has announced the introduction of Pandle Global. Any business, anywhere in the world can now access their refreshingly simple software which is already helping over 20,000 UK businesses to become brilliant bookkeepers.
Pandle Global offers the FREE version as well as Pandle Pro, website is www.pandle.com
December 2018 SELF ASSESSMENT TAX
The revenue are expecting over 11 million self assessment tax returns to be submitted by the deadline of 31st January 2019. That is a tax return for more than 1 in 6 adults in the UK!
September 2018 HMRC UPDATE ON MAKING TAX DIGITAL
HMRC states it is working with more than 150 software suppliers who have said they will provide software for Making Tax Digital for VAT in time for April 2019.
Pandle Software is ready for MTD within the next few months and will definitely be up and running well before the April 2019 deadline.
July 2018 WORDPRESS GUTENBERG EDITOR
Replacement of the current WordPress editor to the new Gutenberg WordPress editor is expected very shortly with the release 5.0
A member of Wealthy Affiliate has produced a range of videos showing all the new developments. Once again membership of Wealthy Affiliate has kept us ahead of the curve.
April 2018 PERSONAL TAX – THE MARRIAGE ALLOWANCE
Introduced on 6th April 2015, over one million couples are still missing out on a tax reduction which could now be worth £900 (back-dated to 2015). If one partner in a marriage or civil partnership is a non tax payer, they can transfer a portion of their free pay allowance to their tax paying partner. See Pay Less Tax UK.
April 2018 THE GENERAL DATA PROTECTION REGULATION (GDPR)
Businesses are required to be GDPR compliant by the implementation date of 25th May 2018. The GDPR applies to all EU organisations – businesses, charities or public authorities – where the collection, storage or processing of personal data is involved. Non EU countries collecting data of EU citizens are also included under the requirements of this directive.
April 2018 MAKING TAX DIGITAL
From April 2019 VAT registered businesses with a turnover above £85,000 will be required to keep digital records and submit their returns through MTD compatible software. The revenue expect more businesses to commence making returns digitally from April 2019 on a voluntary basis. The plans to extend to other taxes have been delayed to 2020 at the earliest.