Making Tax Digital Archives

Making Tax Digital

March 4, 2021

The UK tax office, HMRC, introduced Phase 1 if their ‘Making Tax Digital’ (MTD) initiative in April 2019. The much more demanding Phase II implementation was supposed to come into effect in April 2020, but

The top 3 VAT issues businesses who sell goods/services cross-border (B2B) should consider

November 10, 2020

As a business trading globally, you are probably aware of the complexity of international VAT compliance. There are several reasons why you might have the need for VAT registrations in multiple jurisdictions. The compliance burden

Corporate Report Lays Out Benefits and Next Steps for HMRC’s Making Tax Digital

July 23, 2020

Earlier this week (21 July 2020), The UK government released their corporate report titled “Building a trusted, modern tax administration system” which highlighted the next steps of HMRC's Making Tax Digital programme while also lauding

HMRC Postpones Phase 2 Making Tax Digital until April 2021

March 31, 2020

April 1 2020, was meant to be the date that HMRC launched phase II of making Tax Digital across the UK. However, due to COVID-19, they have made the decision to postpone the rollout by one year to April 1 2021.

Making Tax Digital: Are you Ready for Phase 2?

January 20, 2020

2019 saw hundreds of thousands of UK businesses register for HMRC’s “Making Tax Digital” reform that was officially implemented in April last year. But that was the easy part. VAT managers, fasten your seatbelts because it’s going to be a bumpy 2020. Phase 2 is coming…

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