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What are Digital Links for MTD?

What are Digital Links for MTD?

by Georgi Rollings | 16th August 2021 | Bookkeeping, Making Tax Digital, VAT, Xero

The requirements of Making Tax Digital (MTD) changed from 1 April 2021. It isn’t enough to just file your VAT return using software. Now you also have to worry about where your data comes from, and how it gets into your accounting records. So just what are...
When should I register for VAT?

When should I register for VAT?

by Jennifer Grocott | 28th June 2021 | Limited company, Making Tax Digital, Sole trader, Start ups, Tips and Tricks, VAT

VAT can be a source of curiosity and confusion for business owners. Do you have to register for it or do you choose to? When is it necessary? And why? Is it a good thing? Though you can choose to voluntarily register for VAT at any time, there is a VAT registration...
Is Making Tax Digital just for VAT?

Is Making Tax Digital just for VAT?

by Georgi Rollings | 16th June 2021 | Making Tax Digital, Sole trader, Tips and Tricks, VAT

At the moment Making Tax Digital is only mandatory for VAT-registered businesses which are over the VAT registration threshold.  And even then it is only a requirement for filing VAT returns. But is Making Tax Digital just for VAT? The short answer is no. MTD for VAT...
March 2021 Tax Day Announcements

March 2021 Tax Day Announcements

by Juliet Wylie | 18th April 2021 | Corporation tax, Self assessment, Tips and Tricks

We all heard the announcements made in the 2021 Budget on 3 March 2021. But did you know that HM Treasury published more than 30 tax policy announcements and documents? These Tax Day announcements were made less than 3 weeks later. No changes will be implemented in...
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