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The biggest change for businesses, which has yet to coming into effect, is reporting under Making Tax Digital (MTD). Around 4 million...

HMRC’s flagship Making Tax Digital (MTD) online quarterly reporting is to be resurrected and extended. It will bring all VAT-registered...

Hardly a week goes by without I read about Quarterly Reporting and Making Tax Digital. In my blog on ‘Digital tax accounts’, I reported...

Question A client is compulsorily VAT registered and is using the cash accounting scheme. Their current system is not particularly...

HMRC have finally confirmed when an exemption from Making Tax Digital for VAT (MTDfV) is given automatically and when you when you will...

Julie Green, a VAT expert for CronerTaxwise, who we used for tax consultancy and HMRC Fee Protection Scheme, provides some very honest...

HMRC’s VAT Notice on Making Tax Digital 700/22, sets out the digital record-keeping requirements in section 4.3. The HMRC recordkeeping...

Introduction H M Revenue & Customs (HMRC) says that Making Tax Digital (MTD) is a key part of the government’s plans to make it easier...

Introduction Making Tax Digital (MTD) is the biggest change in tax administration in two decades i.e. since Self Assessment was...

Changes are set for April 2019. Businesses with manual and Excel based systems and without the right software will be most affected. You...

Introduction The Chancellor, Philip Hammond, has delivered his second Budget of the year, following the spring 2017 Budget. Most of the...

We welcomed HMRC’s announcement on 13 July 2017 that the mandatory introduction of Making Tax Digital (MTD) will be deferred until 2020....

An overview of the key points from Spring Budget 2017

H M Revenue & Customs are developing their online systems in readiness for Making Tax Digital. They suggest that instead of telephoning...

Over the next few years businesses, sole traders, and landlords will be required to keep digital accounting records and provide summary...

The government has announced that by early 2016 five million small businesses and 10 million individuals will have access to their own...