Monthly Archives: April 2019

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12 Questions About Making Tax Digital that Every Business Owner Should Ask

Avoidable tax filing errors cost the Government an estimated £9 billion a year. To counter these easily-avoided errors, HMRC are introducing the Making Tax Digital (MTD) scheme. The MTD regulations will mean that, eventually, most businesses in the UK will need to keep digital records and submit tax returns via [...]

By |2019-04-18T13:05:01+01:00April 18th, 2019|HMRC News and Updates, Business Support|

7 Ways that Making Tax Digital Helps Your Business Succeed

From 1st April 2019, Making Tax Digital (MTD) came in for VAT Registered businesses turning over £85,000 or more. Businesses that fall into this category must now submit their VAT returns via a MTD approved digital system on a quarterly basis. This means implementing new software, processes, and training your [...]

By |2019-04-11T15:50:02+01:00April 11th, 2019|Financial Strategy, HMRC News and Updates|