by Dylon Thomas | Aug 3, 2020 | Making Tax Digital
Last year, HMRC introduced Making Tax Digital, or MTD. Making Tax Digital was launched to bring our tax system into the digital age, with the idea being that businesses should be able to supply real time information via software to HMRC, to make taxes more transparent...
by Charlie Clayton | Oct 1, 2019 | Business, Taxes
Welcome to the October 2019 issue of our Insider Magazine. This is our monthly magazine that will keep you up to date on everything you should know within the business finance world. You can download the October 2019 issue of our Insider Magazine here –...
by Freya Duff | Apr 8, 2019 | Accounting, Business, Making Tax Digital, Taxes
Have you registered your business for Making Tax Digital for VAT? Well if you haven’t and your business has a taxable turnover above £85,000 then you must keep digital records and file VAT returns using HMRC approved software. What is it? As you are probably aware...
by Jon Davies | Nov 29, 2018 | Making Tax Digital, Taxes, Videos
Making Tax Digital (MTD) is a key part of the government’s plans to update the way businesses record and report their tax information to HMRC. Find out more in our video, or read about it below. In the long term, it is planned businesses will move across to digital...
by Jon Davies | Nov 16, 2018 | Making Tax Digital, Taxes
I want to make you aware of a big change that’s coming for businesses in 2019. A big change that’s going to affect the tax and accounts for your business. But a big change that most business owners don’t seem to be aware of…despite the fact...
by Billie Arnold | Jul 15, 2018 | Accounting, Finance, Making Tax Digital, Taxes
VAT registered or not, it is useful to know what the new legislations are going to be regarding MTD for VAT. For VAT registered businesses with a turnover above the VAT threshold of £85,000, it will be compulsory. You will need to comply with the digital record...
