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...
Chancellor Philip Hammond kept to his promise of moving away from a major financial announcement at this time of year. In fact his Spring Statement almost slipped under the radar with all the focus on Russian issues. No red briefcase, a different announcement day and...
It’s very difficult to avoid a tax investigation by the HMRC, there is nowhere to hide. Even if everything is in order, whether you are a small soletrader or CEO of a multinational business, you could well be selected for a random check. The spotlight shines...
HMRC use self-assessment to collect tax from those people who own a business or receive income outside of formal employment. The deadline for online submission, which is etched on most people’s minds who have to do this, is 31 January 2018. Getting on with it as...
Making Tax Digital (MTD) is a great opportunity to help our clients improve accessibility to their accounting records and make life easier. At Evans & Partners we have been at the forefront of the digital revolution for over 8 years and have long recognised the...
