by admin | Mar 13, 2019 | cloud accounting, economy, HMRC, SME, VAT
What you need to know: Making Tax Digital Philip Hammond reinforced that the mandatory digital record keeping for businesses with annual revenues above the VAT threshold (£85,000) will come into force from 1st April 2019. He called this an “important...
by admin | Dec 14, 2017 | DIgital, HMRC, small business, SME, tax
Making Tax Digital (MTD) New points based penalty model HMRC have been exploring changes to the penalty system for late submission failures under Making Tax Digital (MTD). They have now decided to adopt a points based model with the draft legislation expected in...
by admin | Jul 14, 2017 | DIgital, HMRC, SME, tax
We’re very pleased with HMRC’s announced changes to the roll-out of its Making Tax Digital scheme, which was due to go live from April 2018. The proposed scheme was far reaching and due to be implemented in a short timescale, however due to concerns from business...
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