MTD for VAT extension set for 2022/23 rollout
Making Tax Digital (MTD) is set to expand to all VAT-registered businesses from April 2022, the Treasury has announced.
What the Accounting Software Adverts don’t tell you…
Over the weekend I found I was surrounded by the world of accountancy even though it was a bank holiday and I wasn’t at work. Thanks to the introduction of Making Tax Digital (MTD), adverts for cloud accounting software are currently everywhere you turn – on the...
Making Tax Digital or an April Fools joke?
Nick Forsyth: Directing the non Making Tax Digital client to their VAT returns I took what I thought was an April Fools call yesterday morning but alas not. A client wishing to file their 31 March 2019 VAT return had made an early start, only to discover the log in...
Digital Accounting
Making Tax Digital (MTD) will see most businesses and taxpayers accessing their tax affairs online through digital tax accounts from 2020 onwards. It will replace the self-assessed tax return with a new quarterly digital reporting regime and change: how you or your...