Accountants

Accountants, Are You Talking To Your Clients About MTD for Income Tax Self Assessment (ITSA)?

Let’s start this with another question. Should you be talking to your clients about Making Tax Digital for Income Tax Self Assessment (ITSA)? Guidance around it is still fairly generic, so it’s difficult to offer clients much in the way of detail. But, the internet is slowly filling with articles rehashing what little is known…

Is it Easy to Submit A VAT Return Using MTD Software?

With the government in the process of Making Tax Digital, businesses are moving towards keeping finance records digitally. After several delays, the MTD for VAT scheme comes into full force from 1st April 2022. Previously the rules only applied to VAT registered businesses with a taxable turnover over the registration threshold. Under MTD, they are…

Where Do I Find My VAT Rerence Number Featured Image

Where Do I Find My VAT Reference Number?

Your unique VAT number is shown on the registration certificate which HMRC issue when your business becomes VAT registered. Once you receive your VAT registration certificate, you (or your agent) can create an online VAT account. What does my VAT reference number look like? If you have a UK VAT number it will be 9…

Don’t Forget About Self Assessment

When Do I Need to Submit My Self Assessment?

There’s always lots to do and plan when you’re running a business, but taking care of your tax return shouldn’t be near the end of the list. That’s right – we said it – the Self Assessment deadline is never more than 12 months away, so getting your finances records ready will help. It’s a…

New Feature: MTD Statements

New Feature: MTD Statements

Everyone makes mistakes sometimes, it’s just one of those human quirks. But when it comes to accounting, those blunders can sometimes cause all sorts of bookkeeping peculiarities. If a business owner then makes important decisions based on incorrect financial information… well. Chaos.   It’s why we at Pandle are so committed to developing bookkeeping processes…