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HMRC issues EORIs to secure post-Brexit trade

HMRC has begun automatically issuing businesses identification numbers for its customs system to allow them to continue trading with the EU in the wake of Brexit Without a economic operator registration and identification (EORI) number, which identifies a business to customs authorities, UK companie… More

Making Tax Digital – Filing deadline reminders!

Making Tax Digital (MTD) is said to be the most fundamental change to the administration of the tax system for at least 20 years. Since its introduction on 1 April 2019, most VAT registered businesses with a taxable turnover above the VAT threshold of £85K have been required to keep digital reco… More

Keens City Round Up: MK really is THE place to live, work and visit!

As I write this round up, many of you will have just attended the long awaited Rod Stewart concert at the Stadium MK last night (4th June), and some of you were probably at the Take That concert a couple of weeks ago – a few of you were probably at both! I hear that both gigs were just out … More

Keens City Round Up: A busy and exciting time for MK

It was great to get back to City Breakfast last week, the first get together of 2019 and fantastic to see so many of our sponsors and their guests coming together for what is now I believe the largest breakfast group in the City. January saw the launch of the Centre for Cities 2019 report which focu… More

Not long until MTD!

With Making Tax Digital (MTD) coming into effect in April of this year (2019), there are some key preparations that your business will need to make quite soon if your turnover exceeds the VAT threshold of £85,000. You’ve probably heard a lot of rumours as to what MTD really means, so we wanted to… More

The Chancellor’s first Spring Statement

Mr Hammond made clear some while ago that he wanted his Spring Statement to be a short financial briefing rather than a mini-Budget, complete with rabbit-out-of-hat announcements. Although his speech ran to 25 minutes, rather than the 15-20 that had been promised, the Chancellor stuck to a no-frills… More

Link-up aims to transform accountancy

Keens Partner, Liz Newell is currently collaborating with Biztech members Paul and Sarah Clarke of Develin on a new project that is set to change the face of accountancy in Milton Keynes and beyond. Both businesses see the enormous challenges and opportunities being posed by digital technologies. Pa… More

Keens City Round Up: A dynamic start to the year for our region

This is my first round up of the new year and I don’t know about you, but as far as I can see, 2018 has kicked off in a pretty dynamic way for the region, not just in terms of business activity, but with a reemphasis of the Government’s vision for the future of the area. Over the last year, I ha… More

Research and Development (R&D) Tax Credits: Beware the Competent Professional

I’m sure that we’ve all heard of the Research and Development (R&D) Tax relief scheme, as it has been widely promoted by government as one of the key support areas, leading to innovation in UK industry. At KSK MK, we have been assisting clients with claims for R&D since its inception in … More

The Chancellor’s second Budget of 2017

Mr Hammond will probably be pleased if commentators decide that his Autumn Budget was a steady-as-she-goes, broadly modest Budget. After the national insurance u-turn he was forced to make after his March Budget this year, that was probably his aim. In any case, for a variety of economic and politic… More