The Benefits of Submitting Self Assessment Sooner Rather than Later

Completing a self-assessment tax return isn’t something that many businesses look forward to, but that doesn’t mean that it always has to be stressful. Although there are other priorities to juggle, there are plenty of reasons to get ahead and complete a return sooner rather than later. Why submit a tax return earlier? There are…

Where Do I Find My VAT Reference Number

Where Do I Find My VAT Reference Number?

A VAT number is issued when a business becomes VAT registered, and can be found on the registration certificate issued by HMRC. Once the certificate has been issued, the holder (or their agent) can create a VAT online account. What do I need to become VAT registered? Most businesses apply for VAT registration online, although…

Pandle-Blog-Thumbnail-Making-Tax-Digital-for-VAT

Making Tax Digital for VAT

Why has the government introduced Making Tax Digital for VAT? HMRC have issued VAT notice 700 / 22 (Making Tax Digital for VAT) so that accountants and businesses will be able to efficiently file and preserve records digitally going forward. The modernised process, will comply with the legal requirement of submitting VAT records using software,…