Monthly Archives October 2021

Making Tax Difficult

The Federation of Small Businesses (FSB) has calculated that the Making Tax Digital initiative, which the Government believes is ‘making is easier for individuals and businesses to get their tax right’ will actually increase the admin burdens for small businesses. Small businesses are spending on average £4,100 and 52 hours a year on tax compliance.  The majority of the costs are attributed to the need to purchase or subscribe to Making Tax Digital (MTD) compatible software.  Many business owners aren’t computer savvy and therefore they are spending a big proportion of their time learning new processes rather than concentrating on
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The Health and Social Care Levy

The Coronavirus pandemic has illuminated chronic problems in our health and social care system.  It has been estimated that it may take a decade to return to pre-pandemic levels and to clear the backlog created by Covid.  I think some honesty is due here though, the NHS has been floundering for many years and even before the pandemic there were issues in both the NHS and in adult social care with more people suffering medical conditions having to contribute to the cost of their social care. The current Government has pledged to support the NHS using the same approach as
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