How do companies adhere to MTD and what are the risks of not complying with MTD for VAT returns? The current stage of MTD for VAT requires businesses to store and maintain all Accounts Payable and ...
I have sole trader client, coming into MTD this April.  Has two trades for self assessment, but is VAT registered.  We submit a single VAT return using ...
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 ...
Choosing the right MTD accounting software is essential for more and more businesses as HMRC expands its Making Tax Digital ...
The new era has begun: Making Tax Digital is live. The next step is to start preparing for the first digital submission, which for many will be in July or August. The priority for you and your clients ...
When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Any uncertainty (or hope) that MTD for VAT will not go ahead as planned from 1 April 2019 was ...
UK VAT registered businesses who are yet to sign up for the so-called Making Tax Digital (MTD) by today will fall foul to non-compliance, penalties and an inability to file their VAT returns. The ...
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.