Currently, the HMRC’s online service accounts for 90% of all VAT submissions, but in a few short weeks, this service will be removed for those over the threshold, and all businesses will be driven to ...

Excel spreadsheets are one of the most useful tools to create documents with calculations and data and organize the accounting or VAT tax, among other tasks. Luckily, while working on Excel you can ...

It may be around the corner, but there is still a lot of confusion around Making Tax Digital (MTD) and its implications. So how can we tell fact from fiction? Here are seven myths and misconceptions ...

It’s the end of the VAT return as we know it. Making Tax Digital (MTD) and, more specifically, MTD for VAT is a HMRC initiative that aims high. Designed to transform the UK VAT system, MTD endeavours ...

At the end of this month, it’s the big one – the delayed phase II of HMRC’s Making Tax Digital for VAT (‘MTD’). Over one million VAT registered businesses face tough new obligations on digital ...

VAT remains at the forefront of the UK tax authority's (HMRC's) Making Tax Digital (MTD) plans, which aim to make HMRC a "world-leading, digital tax authority." The next phase of MTD takes effect this ...

VAT-registered businesses, individuals and charities with a taxable turnover above the VAT registration threshold (£85,000) are required to follow the MTD rules by keeping digital records and using ...