Making Tax Digital

Home » Making Tax Digital

How Adhering To Making Tax Digital Can Help Boost Business Success

The time has come for businesses to digitise tax records and returns. Are you ready for your business growth to rocket? HMRC's new Making Tax Digital (MTD) scheme is set to provide a £57 billion payout over five years thanks to increased productivity. The new system is still in the [...]

By |2019-05-23T14:34:36+01:00May 16th, 2019|Financial Strategy, HMRC News and Updates|

What Are The Most Common Accounting Problems In A “Making Tax Digital World” Business Owners Face?

We all suffer from accounting problems from time to time. Recent changes to the way businesses file VAT returns are only the start of a huge overhaul to HMRC's tax filing system. Making Tax Digital could lead to more frequent accounting problems if you don't get a head of the [...]

By |2019-05-16T10:54:38+01:00May 16th, 2019|Financial Strategy, HMRC News and Updates|

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|

HMRC Update to Making Tax Digital (13th July)

HMRC Update to Making Tax Digital (13th July) Gone are the days of shoebox accounting. Millions of businesses across the country are already banking, paying their bills, and working with their customers and suppliers online. As more and more of our lives and business move onto the web, it makes [...]

By |2018-08-30T17:22:47+01:00August 16th, 2018|HMRC News and Updates|

Making Tax Digital latest news

[embedyt] https://www.youtube.com/watch?v=DZwjxz0XpLc[/embedyt] No one can deny that Making Tax Digital, the government’s ongoing scheme to digitise the tax affairs of every individual and business in the country, has true bouncebackability. No matter how many setbacks it faces, it picks itself up, dusts itself off, sticks its chest out, and refuses [...]

By |2018-05-24T11:11:44+01:00May 24th, 2018|HMRC News and Updates|