
Making Tax Digital


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

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

What to know about MTD (Making Tax Digital) Digital Links

Making Tax Digital: Are you Ready for Phase 2?
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…

UK – A brief guide to Making Tax Digital
VAT registered businesses trading above the compulsory registration threshold (currently £85,000) will not be able to use manual records from 1 April 2019. Instead, businesses must use‘functional compatible software’ (digital records) to meet the new requirements.