06 Jan 20 | Business, Business planning, Making Tax Digital
If you’ve ever found yourself mindlessly scrolling through your social media accounts, or browsing online shops without any particular plan to buy anything, you might think that today’s technology takes up more of your time than it saves. But despite all those...
21 Nov 19 | Bookkeeping & accounting, Making Tax Digital
Online accounting software can no longer be considered a new concept or a tool limited to tech enthusiasts – it’s standard practice for thousands of businesses. What’s more, it’s effectively becoming a legal requirement, with the Government’s Making Tax Digital...
26 Jul 19 | Making Tax Digital
On 7 August 2019, the first quarterly VAT returns under Making Tax Digital (MTD) will be due. This marks a key stage in the MTD programme, which became law on 1 April but will affect businesses at different times depending on their VAT return period. The August...
08 Aug 18 | Making Tax Digital
Making Tax Digital (MTD) is the government’s plan to modernise the tax system through digital records and reporting. It’s intended to replace paper reporting and eventually bring an end to self-assessment, making it easier for businesses and individuals to keep track...
30 May 17 | Making Tax Digital
Digital tax accounts for businesses: what we know so far “I’m going to have to start using expensive software to keep my accounts.” “It’s the end of the tax return.” “I’m going to have to spend even more time...