Oct 7, 2022 | Business Start Ups, FAQ, Information, Making Tax Digital, News, Vat
HMRC are reminding all businesses who file their VAT returns on a quarterly and monthly basis they will no longer be able to submit them using the existing VAT portal, unless HMRC has agreed they are exempt from MTD. From Tuesday 1st November 2022 they will no longer...
Sep 23, 2022 | Covid-19, Expenses, FAQ, Information, News, Tips, Vat
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, Tips, Vat
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,...
Sep 5, 2022 | Business Start Ups, Expenses, Information, News, PAYE, Tips
Dealing with PAYE is one of the main roles of any accounts department, and HMRC has been busy in this area over the past month, meaning there is plenty for businesses to know for the months ahead. One of the most pressing issues is that PAYE Settlement Agreements are...
Aug 1, 2022 | Information, News, QuickBooks, Tax, Tips
Companies and sole traders who have not yet finalised their plans to comply with Making Tax Digital are in the last chance saloon this month, and the very latest date you have to comply with MTD for paying VAT is August 7. That is the latest date on which you will...