“Getting it done” is the soundbite Chancellor Rishi Sunak clearly wanted us to take away from his debut Budget speech, but “giving it away” might be more accurate.
Significant changes are being introduced to the VAT treatment of supplies in the construction industry from 1 October 2019…
Making Tax Digital for VAT is now live and affecting over a million UK businesses. To ensure your business is ready here’s the final steps that you need to take before you are MTD ready…
Despite there being a lot of confusion surrounding making tax digital, it’s not as scary as it sounds…Everything you need to know about Making Tax Digital for VAT
So, what is Making Tax Digital?
HMRC has launched a new Trusts Registration Service (TRS), so that trustees can register their trust online and provide information on the beneficial owners of the trust. The new service launched in early July for trustees and replaces the 41G (Trust) paper form, which was withdrawn at the end of April.
HMRC has confirmed the requirements for digital quarterly reporting are being stripped back to cover only VAT in a revised road map for Making Tax Digital (MTD).