HMRC are now automatically signing up VAT-registered businesses to its new Making Tax Digital (MTD) for VAT programme. These are businesses which should have enrolled into MTD already. 1 Under MTD, ...
Making Tax Digital (MTD) for VAT came into force in the UK on April 1 2019, but many businesses and accountants affected by the new rules are still trying to sort the fact from the fiction. Many are ...
Currently, the HMRC’s online service accounts for 90% of all VAT submissions, but in a few short weeks, this service will be removed for those over the threshold, and all businesses will be driven to ...
With the mandatory compliance of MTD for VAT rules just weeks away for businesses with a taxable, annual turnover below £85,000, business owners in the UK and their accountants are getting ready to be ...
Making Tax Digital for income tax (MTD IT) is a key part of the UK government’s plan to create a modern, efficient and fully ...
The UK's Making Tax Digital - VAT (MTD-VAT) is set to kick in (for all practical purposes) on 7th August for any VAT registered business with a turnover above £85,000. That's a lot of businesses.
Somewhat confused by the latest HMRC  Ready Steady File with regard to quarter dates for MTD. My self employed clients have year ends of 31 March ...
The way you file your VAT return may have changed, but HMRC’s new reporting rules aren’t as scary as they seem and could actually benefit your business over the long term. The Making Tax Digital ...