HMRC are now automatically signing up VAT-registered businesses to its new Making Tax Digital (MTD) for VAT programme. These are businesses which should have enrolled into MTD already. 1 Under MTD, ...
HM Revenue and Customs (HMRC) has issued an urgent warning to businesses across the UK, reminding them that from Tuesday, November 1, they will no longer be able to use their existing Value Added Tax ...
UK VAT registered businesses who are yet to sign up for the so-called Making Tax Digital (MTD) by today will fall foul to non-compliance, penalties and an inability to file their VAT returns. The ...
HM Revenue and Customs (HMRC) suffered IT problems with several of its online systems on Saturday, affecting customers attempting to file their tax returns by the 31 January deadline. The IT issues ...
From April 2022, all VAT-registered businesses with taxable turnover under £85,000 will need to comply with Making Tax Digital (MTD), HMRC’s new digital tax legislation. In fact, many will have ...