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 ...
Is your accounting firm feeling the pressure of meeting the MTD compliance, supporting your clients, and making them ...
Many readers will be busy preparing for the introduction of Making Tax Digital for income tax (MTD IT) from April next year.
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.
To comply with MTD, you will need compatible accounting software. HMRC does not provide its own accounting software, although ...
MTD is a government initiative that aims to streamline tax returns. It already exists for VAT-registered sole traders and businesses under a limited structure. MTD will soon require individuals with ...
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 ...
The moment has arrived: as of 1 April, the majority of companies that are VAT registered must comply with Making Tax Digital (MTD), the new system whereby businesses must keep records digitally and ...
The Association of Taxation Technicians (ATT) is urging the Government to rethink the penalties for not complying with Making Tax Digital (MTD) for VAT. The ATT suggests that HMRC modernise its ...