On 1 April 2020, it will mark a year since the implementation of Making Tax Digital for VAT (MTDfV). At the start of this year, HMRC figures showed that over 1.2 million businesses are now enrolled and over 3.1 million…
The ‘soft-landing’ on the requirement for businesses to use digital links under making tax digital ends on 1 April 2020 or 1 October 2020 for deferred businesses. However, HMRC has announced today that businesses with complex systems can apply for additional…
For some businesses, Making Tax Digital for VAT (MTDfV) will be a relatively straight forward transition. However it is recognised that businesses that do not have a standard VAT registration and have complex VAT calculations will have many questions. MTDfV…
HMRC are warning those affected by Making Tax Digital for VAT (MTDfV) that they will need to enrol to submit their returns under the new rules from 1 April 2019 (unless they have been deferred) or earlier, if they have…
For some businesses, Making Tax Digital for VAT (MTDfV) will be a relatively straight forward transition. However it is recognised that businesses that do not have a standard VAT registration and have complex VAT calculations will have many questions. MTDfV…