At the start of February, taxpayers all over the country were able to breathe a collective sigh of relief. Self-assessment season came to an end, with a total of 93.68% of returns filed on time. According to HMRC, more than 11.5 million taxpayers were required to file...
Making Tax Digital (MTD) for VAT is coming into force in less than one month, from 1 April 2019. Fortunately for our clients, this is no cause for worry – as Xero Platinum Partners, we’ve already helped hundreds of businesses to become MTD-ready by switching to...
We were expecting a Budget light in content, overshadowed by looming Brexit decisions. In a surprise move, Chancellor Philip Hammond decided to put forward a bullish approach, tackling issues at the top of the people’s agenda. More money for schools, hospitals,...
The introduction of Making Tax Digital (MTD) for VAT is getting closer. From 1 April 2019, all UK businesses above the VAT-registration threshold (£85,000 in 2018/19) will need to keep records digitally. Businesses will need to submit VAT returns to HMRC using...
Making tax digital (MTD) is the name for the government’s ambitious plan to move tax records and reporting online. It aims to make collecting tax more accurate and help businesses get their tax right first time. Businesses and individuals will have a digital account...
