28 May 2021 | VAT
Changes to the penalty and interest regimes will apply to VAT returns for accounting periods beginning on or after 1 April 2022. Find out what you need to know.
26 Jan 2021 | VAT
If you provide certain construction services and your business is VAT-registered, a big change in who accounts for VAT and who pays it is around the corner.
27 Jul 2020 | Business Tax, VAT
Westminster announced more temporary measures in an economic update on 8 July 2020, which affect certain sectors and employers while aiming to prop up the UK economy.
23 Aug 2019 | Making Tax Digital, VAT
The first main submission deadline for filing VAT returns through Making Tax Digital (MTD) came and went on 7 August 2019. It affected around 490,000 of the UK’s 1.2 million VAT-registered businesses with annual taxable turnover of more than £85,000. But, according to...
25 Feb 2019 | Making Tax Digital, VAT
We are on the home straight as far as Making Tax Digital (MTD) for VAT is concerned, with little over a month to go until the first group of businesses are mandated into the regime. This affects around a quarter of the UK’s 2.67 million VAT-registered businesses,...
30 Jul 2018 | Business Tax, Making Tax Digital, VAT
Most business owners in the UK will have heard of Making Tax Digital (MTD) by now, and some will be clued up about its turbulent rollout. It was this time last year that Westminster put the brakes on its rollout of MTD for VAT-registered businesses to report income...