HMRC have issued guidance for VAT-registered business and their agents on how to avoid penalties for non-compliance with the Making Tax Digital for VA...
Making Tax Digital For VAT HMRC Webinar
As you are aware, from April 2022, all VAT-registered businesses, including those with a taxable turnover below the VAT threshold will have to keep VA...
Making Tax Digital – Less than one week to go
Businesses have less than a week to prepare for Making Tax Digital (MTD) for Value Added Tax (VAT) becoming mandatory for VAT-registered businesses o...
Making tax digital for income tax postponed to 2024/25
Having listened to stakeholder feedback from businesses and the accounting profession, the government have announced that they will introduce Making T...
Big tax bills for the self-employed in 2022/23
Last month we mentioned that draft legislation has been published to change the basis periods for the assessment of self-employed profits to coincide ...
Making tax Digital for income tax coming soon
Making tax Digital coming soon for income tax: VAT registered business making taxable supplies above the £85,000 registration threshold have been ...
Making tax digital now extended to more businesses
Currently only VAT registered businesses making taxable supplies in excess of the £85,000 VAT registration threshold are mandated to comply with Maki...
MTD for VAT to be extended to all VAT registered businesses in 2022
Since 2019, the vast majority of VAT registered businesses with a taxable turnover above the VAT threshold (£85,000) have been mandated to keep digit...
Making Tax Digital: apply for more time for digital links
Making Tax Digital Update: For VAT periods starting on or after 1 April 2020 (or 1 October 2020 for deferred businesses) your accounting systems must ...