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  • Making Tax Digital (MTD) for VAT – end of “soft landing”

    • 13th May 2021
    • Posted by: Suzy Hill
    • Category: Personal Tax, Making Tax Digital, Business News
    No Comments
    Making Tax Digital (MTD) for VAT – end of “soft landing”
    13th May 2021 Posted by: Suzy Hill Category: Personal Tax, Making Tax Digital, Business News No Comments Making Tax Digital (MTD) for VAT – end of “soft landing” MTD for VAT currently applies to VAT registered businesses with taxable turnover in excess of £85,000, the current VAT registration threshold. From 1 April 2022, MTD for
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  • Making Tax Digital is the priority for HMRC

    • 28th April 2021
    • Posted by: Suzy Hill
    • Category: Business News, Making Tax Digital
    No Comments
    Making Tax Digital is the priority for HMRC
    28th April 2021 Posted by: Suzy Hill Category: Business News, Making Tax Digital No Comments Making Tax Digital is the priority for HMRC Jesse Norman MP, financial secretary to the Treasury, has told businesses and accountants at the annual HMRC stakeholder conference that HMRC’s priorities for the future of the tax system will heavily involve
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  • Treasury outlines agenda for modernised digital tax system

    • 23rd July 2020
    • Posted by: Suzy Hill
    • Category: Personal Tax, Making Tax Digital, Business News
    No Comments
    MTD 6
    23rd July 2020 Posted by: Suzy Hill Category: Personal Tax, Making Tax Digital, Business News No Comments Treasury outlines agenda for modernised digital tax system The Treasury has outlined the next steps in its plan to create a 'modernised digital tax system fit for the 21st century'. The Treasury said that HMRC's Making Tax Digital
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  • HMRC gives limited MTD ‘digital links’ extension

    • 31st October 2019
    • Posted by: Suzy Hill
    • Category: Business News, Making Tax Digital, VAT
    No Comments
    MTD (2)
    31st October 2019 Posted by: Suzy Hill Category: Business News, Making Tax Digital, VAT No Comments HMRC gives limited MTD ‘digital links’ extension HMRC has extended the Making Tax Digital (MTD) for VAT compliance date for businesses judged to have complex or legacy IT systems and they will be given extra time to meet the
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  • 120,000 businesses miss first MTD for VAT deadline

    • 18th September 2019
    • Posted by: Suzy Hill
    • Category: Business News, Making Tax Digital, HMRC News
    No Comments
    MTD (2)
    18th September 2019 Posted by: Suzy Hill Category: Business News, Making Tax Digital, HMRC News No Comments 120,000 businesses miss first MTD for VAT deadline Some 120,000 businesses have missed the first deadline for filing under the Making Tax Digital regime, and HMRC has sent out ‘TV licence’-style reminders urging them to do so before
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  • One in 10 businesses miss first MTD for VAT filing deadline

    • 19th August 2019
    • Posted by: Suzy Hill
    • Category: Business News, Making Tax Digital
    No Comments
    19th August 2019 Posted by: Suzy Hill Category: Business News, Making Tax Digital No Comments One in 10 businesses miss first MTD for VAT filing deadline An estimated 120,000 businesses have missed the deadline to sign up for Making Tax Digital for VAT, meaning that technically they should be due a penalty from HMRC Last-minute
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