Feb 27, 2023 | HMRC, Information, Landlords, Making Tax Digital, Sole Trader, Tax, Vault
Archived Article NoticeThis article reflects Making Tax Digital for Income Tax Self Assessment timelines and HMRC guidance available at the time of publication. MTD deadlines and reporting requirements may have changed since this article was written. Making Tax...
Feb 6, 2023 | HMRC, Information, Making Tax Digital, Tax, VAT, Vault
Archived Article NoticeThis article reflects VAT penalty rules and HMRC guidance available at the time of publication. VAT penalties, submission requirements and payment rules may have changed since this article was written. A new VAT penalties regime was...
Oct 7, 2022 | Information, Making Tax Digital, Tax, VAT, Vault
Archived Article NoticeThis article reflects HMRC VAT filing guidance and portal requirements available at the time of publication. VAT submission processes, digital reporting requirements and HMRC systems may have changed since this article was written. HMRC...
Jun 27, 2022 | Business Start Ups, Expenses, FAQ, Information, Making Tax Digital, News, Tax, Vault
If you are unlucky enough to be fined for a late filing, then the way in which any appeal can be made changed as of May 7. Prior to this, HMRC had temporarily reintroduced the ability to bulk appeal late filing penalties for income tax in 2020 and 2021. But from now...
May 9, 2022 | Business Start Ups, FAQ, Information, Making Tax Digital, News, QuickBooks, VAT, Vault
Anyone filing VAT returns from April 1, 2022 onwards now has to file their return digitally as HMRC’s Making Tax Digital reaches its next phase. All businesses registered for VAT – even if they have turnover below the threshold – must file their returns this way from...
Mar 10, 2022 | Business Start Ups, FAQ, Making Tax Digital, QuickBooks, Vault
Starting 1 April 2022, all VAT (value-added tax) registered businesses must comply with Making Tax Digital (MTD), regardless of what their turnover is. Up until that point, businesses under the VAT threshold (turnover less than £85,000 per year) didn’t have to comply...
