The UK tax system is changing, with the introduction of Making Tax Digital (MTD). Find information about how MTD affects you and your business, what you need to do to comply, and when.
Making Tax Digital (MTD) is with us now, and whilst change can be daunting, non-compliance is worse! But don’t worry; once you make the move to online tax it’ll free-up time in your business to do what you do best. So, let’s take a look at the state of play with MTD and what it…
Have you ever noticed the way that far-off deadlines suddenly speed up their approach when you’re not looking? They can be quite sneaky like that. When important dates seem like a problem for future you, it’s all too easy to put things off, forget all about them, and then be left scrambling at the last…
Bridging software allows businesses to link their financial records to HMRC in a way which complies with Making Tax Digital rules. Quite literally, it ‘bridges’ the gap between non-compatible records (such as spreadsheets), and HMRC. Making Tax Digital: A quick rundown Though Making Tax Digital compliance can still send a shiver up the spine…
We all pay VAT on most of the items or services we purchase. If you run a business, then you may also need to become involved in the VAT system as a collector. It sounds confusing (to be honest it sometimes can be), so we’ll use this article to “bust the jargon” surrounding VAT. We’ll…
Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is going to transform the way landlords and business owners report what they earn to HMRC. Despite the confusing acronyms, it’s vital that business owners and landlords familiarise themselves with Making Tax Digital and what it means for them, so they can be fully compliant…
