The latest updates from Milsted Langdon
In this issue, we begin by looking at risks for directors in pre-liquidation sales, before moving on to a review of the upcoming reforms to EIS and VCTs.
The countdown is on to Making Tax Digital for Income Tax (MTD for Income Tax), so we have covered what this means for those affected by this landmark shift in taxation.
We also take a look at the upcoming Employment Rights Act and its impact on payroll, why outsourcing your payroll could be a good option for you and your business and share a case study on our protection of a client against a HMRC tax investigation.
Finally, we finish this edition with a Q&A with MTD for Income Tax expert and Partner, Sarah Jenkins, who has answered some of the most common questions about this important upcoming change.
If you would like advice on any of the topics covered in this edition, our team is here to help. Please do get in touch.
Pre-liquidation asset sales: Key risks for company directors
Employment Rights Act 2025 is here – How employers can prepare their payroll
MTD for Income Tax countdown underway – Landlords and sole traders have just months left to prepare
Case study: Protecting clients during HMRC tax investigations
Why outsourcing payroll is a smart move for growing businesses
We recently sat down with Sarah Jenkins, Audit and General Practice Partner, to answer some common questions about Making Tax Digital for Income Tax (MTD for Income Tax) means in practice and what landlords and sole traders should be doing now.