MTD for VAT - pilot extended to all eligible businesses

Feb 06, 2019

HMRC has extended its Making Tax Digital for VAT (MTDfV) pilot scheme to all eligible businesses.

For most businesses, compliance with the regulations is mandated for VAT return periods beginning…

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Businesses urged to prepare for post-Brexit Customs Declarations

Feb 06, 2019

HMRC is urging VAT-registered UK businesses which trade exclusively with the EU to be prepared for a no deal Brexit.

In a letter sent to 145,000 affected businesses, HMRC explains changes…

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MTD for VAT - pilot extended to all eligible businesses

Feb 06, 2019

HMRC has extended its Making Tax Digital for VAT (MTDfV) pilot scheme to all eligible businesses.

For most businesses, compliance with the regulations is mandated for VAT return periods beginning…

Read more

HMRC's Voice ID database

Feb 06, 2019

Since 2017, HMRC has captured millions of callers' voice data on its Voice ID system by encouraging the caller to say a key phrase instead of the conventional password to gain access to their accounts.

However,…

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Spring Statement date announced

Feb 06, 2019

The Chancellor of the Exchequer, Philip Hammond, has announced that the government will respond to the forecast from the Office for Budget Responsibility (OBR) in the Spring Statement on Wednesday…

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'Unbelievable excuses' for late filing of tax returns

Feb 06, 2019

HMRC has revealed some of the most 'bizarre excuses' taxpayers have given for failing to file their self assessment tax return on time.

Excuses included 'I'm too short to reach the post…

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Protect your pension pots

Feb 06, 2019

The Insolvency Service has urged individuals saving for retirement to protect their pension pots from criminals and 'negligent trustees'.

Research carried out by the Service found that criminals…

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How to cope with recession

Feb 05, 2019

Recession literally means “the act of going back, of receding…”

Economic pundits have hijacked the word to mean “a period of temporary economic decline during which trade and industrial activity…

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What are your tax planning options for 2018-19?

Feb 04, 2019

Options for adopting 99% of tax planning opportunities for 2018-19 ends on 5 April 2019, just a couple of months away.

This applies equally to individuals and all businesses with an accounting…

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