How do companies adhere to MTD and what are the risks of not complying with MTD for VAT returns? The current stage of MTD for VAT requires businesses to store and maintain all Accounts Payable and ...

Making Tax Digital (MTD) for VAT came into force in the UK on April 1 2019, but many businesses and accountants affected by the new rules are still trying to sort the fact from the fiction. Many are ...

Did you know that accounting firms often rely on spreadsheets and a small bridging tool to meet their VAT obligations, yet assume they are fully ...

MTD stands for Making Tax Digital. MTD-compliant software lets you keep digital records and submit tax information directly to HMRC through approved software. Think of it as your software and HMRC ...

The UK's Making Tax Digital - VAT (MTD-VAT) is set to kick in (for all practical purposes) on 7th August for any VAT registered business with a turnover above £85,000. That's a lot of businesses.

UK VAT registered businesses who are yet to sign up for the so-called Making Tax Digital (MTD) by today will fall foul to non-compliance, penalties and an inability to file their VAT returns. The ...

HMRC estimates that around 40% of people affected don’t use an accountant or tax adviser. So if you handle your own tax ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Any uncertainty (or hope) that MTD for VAT will not go ahead as planned from 1 April 2019 was ...