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...
Sep 23, 2022 | Covid-19, Expenses, FAQ, Information, News, VAT, Vault
All deferred VAT payments should have been dealt with by now, but HMRC has flagged in its latest bulletin for August that if your business is one of those that still has not managed to complete the payments that have been delayed, then you could be facing a penalty....
Sep 19, 2022 | Business Start Ups, Information, News, Tax, VAT, Vault
Self-assessment is an annual event, and it is always towards the back end of the year that you need to start thinking about it. Many people will already be registered for self-assessment, but there are others who will need to register for the first time this year,...
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...
Jun 26, 2021 | FAQ, VAT, Vault
What to do if you have lost your VAT registration certificate. In order to register for Making Tax Digital (MTD) or to authorise your accountant to file your VAT returns for you you will need to know your Effective Date of Registration for VAT. Whilst this can...
