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	<title>Supply My Business &#187; hmrc</title>
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	<link>https://supplymybusiness.co.uk/blog</link>
	<description>Where businesses in Kent go to do business.</description>
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		<title>What does HMRC having &#8216;recovery powers&#8217; mean for Directors?</title>
		<link>https://supplymybusiness.co.uk/blog/what-does-hmrc-having-recovery-powers-mean-for-directors/</link>
		<comments>https://supplymybusiness.co.uk/blog/what-does-hmrc-having-recovery-powers-mean-for-directors/#comments</comments>
		<pubDate>Thu, 04 Aug 2022 14:26:16 +0000</pubDate>
		<dc:creator><![CDATA[Martin White]]></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[hmrc]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[JLN]]></category>
		<category><![CDATA[joint and several liability notice (JLN)]]></category>
		<category><![CDATA[Recovery]]></category>

		<guid isPermaLink="false">http://supplymybusiness.co.uk/blog/?p=3099</guid>
		<description><![CDATA[While company directors are generally protected by limited liability, recovery powers granted to HMRC in the Finance Act 2020 mean directors can face greater personal liability for tax debts held by the company in the event of insolvency&#8230; This potentially has huge ramifications for clients if they intend to utilise an insolvency procedure to deal &#8230; <a href="https://supplymybusiness.co.uk/blog/what-does-hmrc-having-recovery-powers-mean-for-directors/" class="more-link">Continue reading <span class="screen-reader-text">What does HMRC having &#8216;recovery powers&#8217; mean for Directors?</span></a>]]></description>
		<wfw:commentRss>https://supplymybusiness.co.uk/blog/what-does-hmrc-having-recovery-powers-mean-for-directors/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Closing your company: Strike off versus Voluntary Liquidation</title>
		<link>https://supplymybusiness.co.uk/blog/closing-your-company-strike-off-versus-voluntary-liquidation/</link>
		<comments>https://supplymybusiness.co.uk/blog/closing-your-company-strike-off-versus-voluntary-liquidation/#comments</comments>
		<pubDate>Thu, 05 May 2022 13:38:52 +0000</pubDate>
		<dc:creator><![CDATA[Martin White]]></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Creditors]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[hmrc]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Liquidation]]></category>
		<category><![CDATA[Winding Up Petition]]></category>

		<guid isPermaLink="false">http://supplymybusiness.co.uk/blog/?p=3054</guid>
		<description><![CDATA[The impact of the last two years It goes without saying that many thousands of Companies have struggled since the beginning of the Covid crisis. Many of those Companies would have utilised the various schemes and assistance put in place by the government, banks and HMRC. In addition to those that many business owners are &#8230; <a href="https://supplymybusiness.co.uk/blog/closing-your-company-strike-off-versus-voluntary-liquidation/" class="more-link">Continue reading <span class="screen-reader-text">Closing your company: Strike off versus Voluntary Liquidation</span></a>]]></description>
		<wfw:commentRss>https://supplymybusiness.co.uk/blog/closing-your-company-strike-off-versus-voluntary-liquidation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Concerned about Bounce Back Loan Repayment and Furlough Fraud?</title>
		<link>https://supplymybusiness.co.uk/blog/concerned-about-bounce-back-loan-repayment-and-furlough-fraud/</link>
		<comments>https://supplymybusiness.co.uk/blog/concerned-about-bounce-back-loan-repayment-and-furlough-fraud/#comments</comments>
		<pubDate>Fri, 04 Mar 2022 08:30:00 +0000</pubDate>
		<dc:creator><![CDATA[Martin White]]></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[BBL]]></category>
		<category><![CDATA[Bounce Back Loans]]></category>
		<category><![CDATA[CBILS]]></category>
		<category><![CDATA[Fraud]]></category>
		<category><![CDATA[Furlough]]></category>
		<category><![CDATA[hmrc]]></category>

		<guid isPermaLink="false">http://supplymybusiness.co.uk/blog/?p=3037</guid>
		<description><![CDATA[When the government was giving out Coronavirus business support in 2020 like free sweets in Santa’s Grotto &#8211; most businesses were both grateful and relieved. Few will have given much thought to the future at a time of such crisis and deep uncertainty&#8230; The scale of the handouts was astounding. The various government guaranteed loans &#8230; <a href="https://supplymybusiness.co.uk/blog/concerned-about-bounce-back-loan-repayment-and-furlough-fraud/" class="more-link">Continue reading <span class="screen-reader-text">Concerned about Bounce Back Loan Repayment and Furlough Fraud?</span></a>]]></description>
		<wfw:commentRss>https://supplymybusiness.co.uk/blog/concerned-about-bounce-back-loan-repayment-and-furlough-fraud/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What happens if I can’t pay my VAT bill on time?</title>
		<link>https://supplymybusiness.co.uk/blog/what-happens-if-i-cant-pay-my-vat-bill-on-time/</link>
		<comments>https://supplymybusiness.co.uk/blog/what-happens-if-i-cant-pay-my-vat-bill-on-time/#comments</comments>
		<pubDate>Wed, 19 Feb 2020 12:58:41 +0000</pubDate>
		<dc:creator><![CDATA[Martin White]]></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Commercial]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[hmrc]]></category>
		<category><![CDATA[Loan]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[vat]]></category>

		<guid isPermaLink="false">http://supplymybusiness.co.uk/blog/?p=2163</guid>
		<description><![CDATA[We can all wax lyrical about the need to budget for VAT and not treat the VAT we collect as our own, but sometimes business isn’t that straightforward. Things happen and, on occasions, it simply might not be possible to pay across the VAT when it falls due, which is normally the 10th working day &#8230; <a href="https://supplymybusiness.co.uk/blog/what-happens-if-i-cant-pay-my-vat-bill-on-time/" class="more-link">Continue reading <span class="screen-reader-text">What happens if I can’t pay my VAT bill on time?</span></a>]]></description>
		<wfw:commentRss>https://supplymybusiness.co.uk/blog/what-happens-if-i-cant-pay-my-vat-bill-on-time/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax-saving ideas for small business owners&#8230;</title>
		<link>https://supplymybusiness.co.uk/blog/tax-saving-ideas-for-small-business-owners/</link>
		<comments>https://supplymybusiness.co.uk/blog/tax-saving-ideas-for-small-business-owners/#comments</comments>
		<pubDate>Wed, 23 Oct 2019 13:03:41 +0000</pubDate>
		<dc:creator><![CDATA[Martin White]]></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Corporation]]></category>
		<category><![CDATA[Expenses]]></category>
		<category><![CDATA[hmrc]]></category>
		<category><![CDATA[kent]]></category>
		<category><![CDATA[UK tax]]></category>
		<category><![CDATA[vat]]></category>

		<guid isPermaLink="false">http://supplymybusiness.co.uk/blog/?p=1907</guid>
		<description><![CDATA[If you want to stay on the right side of HMRC, which we strongly advise, as a small business owner or sole trader you have to pay tax. However, there is no reason to pay more tax than you need to. You can do various things to minimise your tax bill but, if you run &#8230; <a href="https://supplymybusiness.co.uk/blog/tax-saving-ideas-for-small-business-owners/" class="more-link">Continue reading <span class="screen-reader-text">Tax-saving ideas for small business owners&#8230;</span></a>]]></description>
		<wfw:commentRss>https://supplymybusiness.co.uk/blog/tax-saving-ideas-for-small-business-owners/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Major changes in taxation for owners of buy to let properties&#8230;</title>
		<link>https://supplymybusiness.co.uk/blog/major-changes-in-taxation-for-owners-of-buy-to-let-properties/</link>
		<comments>https://supplymybusiness.co.uk/blog/major-changes-in-taxation-for-owners-of-buy-to-let-properties/#comments</comments>
		<pubDate>Tue, 04 Jun 2019 13:26:28 +0000</pubDate>
		<dc:creator><![CDATA[Martin White]]></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Buy to Let]]></category>
		<category><![CDATA[hmrc]]></category>
		<category><![CDATA[Landlords]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[taxation]]></category>

		<guid isPermaLink="false">http://supplymybusiness.co.uk/blog/?p=1709</guid>
		<description><![CDATA[Major changes in taxation for owners of buy to let properties started being phased in over four years from April 2017. If you own buy to let properties, it’s important to take a look at how these gradual changes may affect you in order to avoid any nasty surprises&#8230;Of course, every individual situation is different, &#8230; <a href="https://supplymybusiness.co.uk/blog/major-changes-in-taxation-for-owners-of-buy-to-let-properties/" class="more-link">Continue reading <span class="screen-reader-text">Major changes in taxation for owners of buy to let properties&#8230;</span></a>]]></description>
		<wfw:commentRss>https://supplymybusiness.co.uk/blog/major-changes-in-taxation-for-owners-of-buy-to-let-properties/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Making Tax Digital – Are You Ready?</title>
		<link>https://supplymybusiness.co.uk/blog/making-tax-digital-are-you-ready/</link>
		<comments>https://supplymybusiness.co.uk/blog/making-tax-digital-are-you-ready/#comments</comments>
		<pubDate>Tue, 18 Jul 2017 09:01:34 +0000</pubDate>
		<dc:creator><![CDATA[Martin White]]></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[accounting]]></category>
		<category><![CDATA[Accounting Software]]></category>
		<category><![CDATA[bookkeeping]]></category>
		<category><![CDATA[hmrc]]></category>
		<category><![CDATA[making tax digital]]></category>
		<category><![CDATA[MTD]]></category>
		<category><![CDATA[Online Accounting]]></category>
		<category><![CDATA[Zero]]></category>

		<guid isPermaLink="false">http://supplymybusiness.co.uk/blog/?p=878</guid>
		<description><![CDATA[In 2015, HMRC proposed to move the recording of all tax to fully digital system which will affect all businesses no matter how large or small. The scheme known as ‘Making Tax Digital’ will change the way that all businesses and landlords liaise with HMRC. HMRC have moved the the implementation date and qualifying criteria &#8230; <a href="https://supplymybusiness.co.uk/blog/making-tax-digital-are-you-ready/" class="more-link">Continue reading <span class="screen-reader-text">Making Tax Digital – Are You Ready?</span></a>]]></description>
		<wfw:commentRss>https://supplymybusiness.co.uk/blog/making-tax-digital-are-you-ready/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Making Tax Digital</title>
		<link>https://supplymybusiness.co.uk/blog/making-tax-digital/</link>
		<comments>https://supplymybusiness.co.uk/blog/making-tax-digital/#comments</comments>
		<pubDate>Tue, 14 Jun 2016 08:30:52 +0000</pubDate>
		<dc:creator><![CDATA[SMB Admin]]></dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[accountancy]]></category>
		<category><![CDATA[accountancy news]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[business news]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[digital tax]]></category>
		<category><![CDATA[hmrc]]></category>
		<category><![CDATA[kent]]></category>
		<category><![CDATA[kent business]]></category>
		<category><![CDATA[kent business news]]></category>
		<category><![CDATA[making tax digital]]></category>
		<category><![CDATA[paper tax]]></category>
		<category><![CDATA[private pensions]]></category>
		<category><![CDATA[tax]]></category>

		<guid isPermaLink="false">http://supplymybusiness.co.uk/blog/?p=493</guid>
		<description><![CDATA[Update on HMRC’s plans for Making Tax Digital, Benefits of Private Pension Contributions and Class 2 NIC’s. Have you heard of it? If not, that’s no surprise! It’s the accountancy equivalent of the snow leopard, confirmed to exist but rarely seen&#8230; HMRC’s aim is for all taxpayers (or as they like to call them, customers) &#8230; <a href="https://supplymybusiness.co.uk/blog/making-tax-digital/" class="more-link">Continue reading <span class="screen-reader-text">Making Tax Digital</span></a>]]></description>
		<wfw:commentRss>https://supplymybusiness.co.uk/blog/making-tax-digital/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Act Now To Keep HMRC Off Your Back</title>
		<link>https://supplymybusiness.co.uk/blog/act-now-to-keep-hmrc-off-your-back/</link>
		<comments>https://supplymybusiness.co.uk/blog/act-now-to-keep-hmrc-off-your-back/#comments</comments>
		<pubDate>Wed, 28 Oct 2015 17:46:21 +0000</pubDate>
		<dc:creator><![CDATA[SMB Admin]]></dc:creator>
				<category><![CDATA[Kent Business Help]]></category>
		<category><![CDATA[accountancy]]></category>
		<category><![CDATA[accountant]]></category>
		<category><![CDATA[accounting]]></category>
		<category><![CDATA[bookkeeping]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[hmrc]]></category>
		<category><![CDATA[kent]]></category>
		<category><![CDATA[kent business]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[taxation]]></category>
		<category><![CDATA[vat]]></category>

		<guid isPermaLink="false">http://supplymybusiness.co.uk/blog/?p=117</guid>
		<description><![CDATA[Most of us who are required to submit a tax return will be well aware of the impending due date of 31st January getting closer and closer. A mandatory £100 fine is given to all those who fail to meet it as soon as you cross midnight on 31st January, and further delays and the &#8230; <a href="https://supplymybusiness.co.uk/blog/act-now-to-keep-hmrc-off-your-back/" class="more-link">Continue reading <span class="screen-reader-text">Act Now To Keep HMRC Off Your Back</span></a>]]></description>
		<wfw:commentRss>https://supplymybusiness.co.uk/blog/act-now-to-keep-hmrc-off-your-back/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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