Pandle Update: Reauthorisation Reminders for MTD

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…

The Ultimate VAT Jargon Buster

A Jargon Buster Guide to VAT

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…

Pandle Update: Avoiding VAT Registration Errors in Pandle Header Image

Pandle Update: Reducing VAT Registration Errors in Pandle

Everyone likes to make a good first impression, but sometimes getting off on the wrong foot has more serious consequences than others. Even something that seems small, like accidentally entering the wrong VAT scheme start date into your bookkeeping software, can take you from ‘Making Tax Digital’ to Making Tax Dreadful’. Horrifying. Fortunately, Pandle’s algorithms…

How Do I Register for VAT?

Value Added Tax (VAT) is what’s known as a type of ‘consumption tax’ – a form of tax applied to eligible goods and services. Fortunately, not all businesses need to register for VAT – only those whose taxable turnover reaches the registration threshold. When a business reaches this point, there are several ways in which…