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While the primary focus of Profit First is on improving financial management, it can have positive effects on wellbeing and psychology as well. Here’s why: Clarity and Control Implementing Profit First provides a clear and structured framework for managing your business finances. By allocating funds for profit, taxes, and operating expenses…

HMRC have delayed the MTD ITSA – originally scheduled for April 2024 it has now been put back to April 2026. Read more about the change and about Making Tax Digital – Government announces phased mandation of Making Tax Digital for ITSA.

Making Tax Digital Income Tax Self Assessment is a government initiative to come into effect in April 2024. For Sole Traders and Landlords with an income of £10,000 and over. Making Tax digital is a key part of the government’s plans to make it easier for individuals and businesses to…