Whether it’s a change in the law or the latest news from HMRC, you can use this section of the website to keep in the know on all accountancy-related matters that could have an impact on you and your business. Phillips Frith LLP takes every care in preparing material for this page to ensure that the content is accurate and up to date. However, no responsibility can be accepted for loss occasioned to any person acting or refraining from acting as a result of the material contained on it.
Making Tax Digital for Income Tax (MTD for IT) is a quarterly reporting system to be introduced by HM Revenue and Customs with effect from 1st April 2026. Implementation will at this stage be for sole traders and those receiving…
Companies House have introduced a mandate that requires all company directors or the equivalent of company directors (includes LLP members) to verify their identity directly with Companies House. From 18th November 2025, it will not be possible to file a…