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 ...
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.
As preparations continue for the introduction of Making Tax Digital for income tax (MTD IT) in April next year, HMRC has ...
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 ...
Any uncertainty (or hope) that MTD for VAT will not go ahead as planned from 1 April 2019 was removed in the Spring Statement, with the Government expecting businesses to do their best to comply with ...
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