HMRC has revealed that more than 230,000 VAT-registered businesses signed up for Making Tax Digital (MTD) before the second stagger deadline last month. This means that 95% of all mandated firms are now signed up to the scheme. While this figure is impressive, there...
If you’re a business owner, chances are you already know that VAT is applicable to you if your turnover exceeds £85,000 a year. This is however providing you supply goods or services bought and sold for consumption in the EU. VAT (Value Added Tax) is known in general...
Something we know from both personal experience and having worked with many different types of clients over the years, is that running a business can be incredibly time-consuming. Anything that can help to lighten the load is always warmly welcomed and that’s why we...
More than one million VAT-registered businesses have now been mandated into the Government’s Making Tax Digital (MTD) programme.The scheme came into effect on 1 April 2019 and requires any business that’s registered for VAT with a turnover of more than £85,000 to keep...
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