Limited Liability Protection A company and its owners are separate legal entities in the eyes of the law. In legal terms, this is often known as the 'veil of incorporation.' In practice, this means that a company's owners and directors are not responsible for the company's debts and cannot be
Making Tax Digital
What is Making Tax Digital (MTD)? Making Tax Digital is an initiative by the UK Government which seeks to improve the UK tax system. By digitising the process the HMRC believe this will make the tax system efficient and easier. Who is affected by MTD? The first phase begins on 1 April 2019