Your business may make regular VAT adjustments if, for example, you are partially exempt or within the capital goods scheme. How will you deal with these adjustments after April 2019 when you start
reporting under Making Tax Digital?
Published 01.02.2019
HMRC has confirmed that Making Tax Digital for VAT (MTDfV) will definitely be extended to 1.1 million businesses from 1 April 2022. Who is affected and what does it mean for your business?
Published 03.11.2021
Making Tax Digital for VAT is now compulsory for all registered businesses, and you could get fixed or variable penalties for not complying with the regulations. What can you do to ensure that you
tick all the relevant boxes?
Published 28.06.2022
Most VAT-registered businesses have to keep digital records. HMRC has announced a relaxation of certain requirements, including petty cash. However, there are monetary limits, so how can you take
advantage?
Published 02.07.2019
All VAT-registered businesses will need to comply with Making Tax Digital for VAT (MTDfV) from 1 April 2022. You are registered voluntarily but are considering deregistering ahead of that
date. What do you need to watch for?
Published 01.10.2020
Making Tax Digital for VAT took effect on 1 April 2019, but only 17% of businesses required to submit digital returns had enrolled by this date. How much time do you have to enrol if you haven’t done
so already?
Published 02.05.2019
One of our subscribers recently submitted their first return under Making Tax Digital. However, their software has automatically applied the cash basis, leading to errors. What do they need to do?
Published 04.09.2019
HMRC has finally published guidance about when a business might be exempt from the requirements of Making Tax Digital (MTD) after April 2019. How do you secure and request an exemption?
Published 28.03.2019
HMRC will allow some businesses to continue using cut and paste software links beyond April 2020. Could your business utilise the extension to aid with MTD?
Published 28.02.2020
HMRC has announced important changes to the proposed penalty arrangements applying in the first year of Making Tax Digital for VAT (MTDfV). What are they?
Published 01.03.2019