Author Archives: Kamlesh Rajput

The Giant Has Woken

Sage product development

Since 1995 I have been using Sage Line 50 and all other associated software manufactured by Sage. After twenty-six years, as a Sage user, my frustration as an Accounting Practitioner with Sage, is justified. A market leader, with multiple ranges of software, as the flagship and brilliant “telephone support”, Sage has enjoyed a “privileged” position […]

Happy Diwali 2021

Happy Diwali 2021 from Sterling Finance

Diwali is the last day of the Hindu calendar. This year Diwali is on Thursday 04 November 2021. The next day, Friday 05 November is Hindu New Year. Diwali is a festival of light and colours. It is an auspicious Hindu festival of inspiration and hope. It reminds us of the duty of caring and […]

£26 Million Furlough Fraud

£26.5 Miilion in furlough fraud

HRMC has issued an order to seize £26.5m worth of cash allegedly obtained fraudulently through the furlough scheme from ‘non-existent’ businesses run by an ‘entrepreneur’. On Monday, Cardiff Magistrates Court District Judge Shoman Khan granted HMRC a forfeiture order over five Nationwide building society accounts. Judge Khan described the amounts involved in the case as […]

Making Tax Digital For An Employee Part 6

Making Tax Digital report 2021

MTD for an Employee with more than £10,000 untaxed income Making Tax Digital for Business is a Government initiative also known as MTD.  This is a legal requirement implemented and monitored by HMRC – Her Majesty’s Revenue and Customs. Now that we know the meaning of understanding Making Tax Digital – MTD in Part 1 […]

Making Tax Digital For Small Companies Part 5

Making Tax Digital report 2021

MTD for Small Companies Making Tax Digital for Business is a Government initiative also known as MTD.  This is a legal requirement implemented and monitored by HMRC – Her Majesty’s Revenue and Customs. Now that we know the meaning of understanding Making Tax Digital – MTD in Part 1 to 4, this is Part 5 […]

Making Tax Digital For Self-Employed Part 4

Making Tax Digital report 2021

MTD for self-employed Making Tax Digital for Business is a Government initiative also known as MTD.  This is a legal requirement implemented and monitored by HMRC – Her Majesty’s Revenue and Customs. Now that we know the meaning of understanding Making Tax Digital – MTD in Part 1 to 3, this is Part 4 of […]

Making Tax Digital Part 1

Making Tax Digital report 2021

Understanding ‘Making Tax Digital’ Making Tax Digital for Business is a Government initiative also known as MTD.  This is a legal requirement implemented and monitored by HMRC – Her Majesty’s Revenue and Customs. Key compliance Keep records digital Submit the return at least every 3 months Final submission 10 months after year-end or 31 January […]