HM Revenue & Customs (HMRC) has warned that registration for Making Tax Digital (MTD) for VAT will take up to seven days to complete and will not be a real-time service.
Our Blog
March 21, 2019
March 14, 2019
Chancellor wants to tackle late payments in the UK
Currently, in the UK, late payments are a serious issue, especially for small medium-sized enterprises (SMEs) who have to chase invoices from large suppliers, thus causing a disruption in the channel with resellers.
March 13, 2019
Spring Statement 2019
On any other day, the Chancellor’s Spring Statement would have dominated the headlines. However, with the UK’s scheduled withdrawal from the EU just days away, and the Prime Minister’s latest Brexit deal voted down by the Commons just hours earlier, this seemed more like a sideshow than the main event. The little speculation there was
March 7, 2019
Government announces consultation for plans to make HMRC a preferential creditor
The Government has announced details of the first public consultation on its plans to make HM Revenue & Customs (HMRC) a secondary preferential creditor for certain tax debts which are paid by employees and customers after the insolvency of a business.
February 21, 2019
MP’s calling for more to be done to help the high street
MP’s are backing calls for changes to the current tax regime in a bid to halt the current decline in British high streets and town centres and allow them to flourish in the future.
February 7, 2019
HMRC takes new measures to toughen stance on debt recovery
HM Revenue and Customs (HMRC) has toughened its stance on debt recovery, by taking money owed to them directly from hundreds of pay packets during the last financial year.
January 24, 2019
Businesses reminded to take steps to prepare for upcoming payroll changes
Business owners in the UK are being reminded to take sufficient measures to prepare their businesses for the upcoming changes to legislation regarding payroll, which will come into force on the 6 April 2019.
January 10, 2019
Businesses to be named and shamed under proposed new late payment system
A newly proposed traffic light system could be used to put a spotlight on businesses with track records of late payments.
January 3, 2019
HMRC issue reminder over Self-Assessment tax returns
HM Revenue and Customs (HMRC) have issued a reminder that taxpayers have less than a month left to complete and submit their Self-Assessment tax returns.
December 20, 2018
UK retail figures jump in November following sales boost
The latest figures from the Office for National Statistics (ONS) have shown that retail sales have increased at a much faster rate than anticipated.