As the UK tax system continues its digital transformation through HMRC Making Tax Digital (MTD) initiative, accountancy practices are facing growing ...
The legislation requires all business owners to maintain digital records and file periodic VAT returns through MTD-compliant software. Provided you’re prepared, there’s nothing to worry about – in ...
Whether you manage just a handful of properties or a larger portfolio, if you have an income of more than £50,000 then new tax rules mean you will have to submit quarterly filing digitally. The new ...
As the deadline for Making Tax Digital (MTD) for VAT approaches, accountants urge businesses to choose wisely when it comes to adopting MTD compliant software to ensure a smooth transition. “The first ...
On the 1 April 2019, HMRC introduced their first phase of the Making Tax Digital (MTD) rules. These required VAT-registered businesses, with taxable turnover above the VAT threshold of £85,000, to ...
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