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Making Tax Digital

  • 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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  • Half of small businesses make VAT return errors

    • 7th August 2019
    • Posted by: Suzy Hill
    • Category: Business News, Making Tax Digital, VAT
    No Comments
    VAT4
    7th August 2019 Posted by: Suzy Hill Category: Business News, Making Tax Digital, VAT No Comments Half of small businesses make VAT return errors Half of small businesses say they have made mistakes when sending in their VAT return and only a quarter are confident they have the figures correct despite spending more than an
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  • HMRC promises leniency despite slow take up of Making Tax Digital

    • 17th July 2019
    • Posted by: Suzy Hill
    • Category: Business News, Making Tax Digital
    No Comments
    MTD (2)
    17th July 2019 Posted by: Suzy Hill Category: Business News, Making Tax Digital No Comments HMRC promises leniency despite slow take up of Making Tax Digital HMRC has promised not to throw the book at firms who struggle to register for Making Tax Digital (MTD) as new figures show total take-up lagging in certain sectors
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