By

Karen Keeling

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MTD for VAT – All is not lost if you forgot to sign up

All is not lost if you forgot to sign up by 31 July. If you did try to register by the 14th of August you will have received the following message from HMRC: “You must come back later to sign up. We’re unable to sign you up for Making Tax Digital for VAT at present. This… Read More

Making Tax Digital – Everything you need to know – June 2019

The Governments’ ambitious programme, Making Tax Digital (MTD), is an initiative to implement fundamental changes to the way the tax system works by becoming one of the most digitally advanced tax administrations in the world. The original plans were to introduce a digital tax system that would require most businesses, self-employed people and landlords to… Read More

IR35 and off payroll workers from April 2020

Changes are being introduced from April 2020 to off payroll workers in the private sector, relating to engagements with large and medium sized companies where a contractor provides services through a personal service company. The decision whether to apply the rules falls with the engager as it does already for contracts with the public sector…. Read More

When to sign up to Making Tax Digital?

You will no doubt be aware by now that Making Tax Digital (MTD) went live for VAT return periods beginning on or after 1 April 2019.  This is a mandatory requirement for the vast majority of VAT registered businesses with a taxable turnover over £85,000. What you may not know is that you will need… Read More

MTD – who must follow the rules from October 2019?

MTD for most businesses will be introduced for the first VAT return that begins on or after 1 April 2019. A small number of taxpayers have been deferred for MTD for 6 months and these are as follows: WHO MUST FOLLOW THE RULES FROM 1 OCTOBER 2019 You must follow the rules for Making Tax… Read More

Making Tax Digital – Big Vat changes in April 2019

Making Tax Digital (MTD) is the government’s ambitious program to implement fundamental changes to the way the tax system works by becoming one of the most digitally advanced tax administrations in the world.  These changes will affect both individuals and businesses and will be implemented gradually over a period of time. The first stage in… Read More