Tag Archive: VAT
Is My Export Business Ready For Brexit?
Brexit is going to pose challenges for anyone who deals with members of the EU. Read more to find out if your export business is ready. A lot of our clients have asked us how Brexit is going to affect their export business, and what they can do to prepare for it. So we’ve put… View Article
MTD for VAT
The deadline for businesses with a turnover above the VAT threshold to keep digital records and provide regular digital updates to HMRC for VAT purposes using Making Tax Digital (MTD) for VAT is fast approaching. From April 2019, businesses with a turnover above the VAT threshold (currently £85,000) will be required to keep their records… View Article
Best Bookkeeping Software for Making Tax Digital?
From April 2019 HMRC will press on with their ambitious plans to launch Making Tax Digital (MTD). As part of Team UK’s plans to become the global digital leader, businesses are being forced to move to online bookkeeping systems to file financial records starting with VAT filings for businesses with a turnover above the £85,000… View Article
What is Making Tax Digital?
HMRC’s ambitious plans to launch Making Tax Digital (MTD) are laudable. The government and the tax authority have clearly seen the need to move with the times. In fact, HMRC’s stated ambition is to become one of the most digitally advanced and modern tax administrations in the world. MTD will make fundamental changes to the… View Article