I am guessing you are getting very familiar with the word MTD if you own a business. If not, then this is the time to get used to it. From April 2022 all VAT-registered businesses irrespective of their turnover are bound to submit their VAT returns under Making Tax Digital (MTD) and use commercial software. The same is going to be applied to sole traders and private landlords soon. Read more..
Recent Posts
- MTD ITSA is on the horizon-brace for impact.
- Business use of your private car –
what can you claim. - Your pharmacy business: from an
accountant’s view. - A brief look at EIS & SEIS tax relief for
venture capitalists in the UK. - Understanding the evolving
landscape of VAT for opticians. - MAKING TAX DIGITAL – developments
you need to know about. - Director’s loan account.
- Take out what you deserve.
- 10 questions you should ask your
accountant. - Making Tax Digital- What do you need to
know. - VAT for IT contractors:
If you are self-employed or a company director, you can claim expenses for the business use of your private car. In this article, we will briefly discuss what is a business journey. Read more..
If you are a community pharmacy owner in England and Wales, like any other business you need to worry about the taxes and VAT issues. Usually, you appoint an accountant to shift these headaches as you already have plenty on your plate. Read more..
Raising money to expand the scope of your established business or to finance the realisation of a dream company you’ve been thinking about for years are two sides of the same coin. They’re both tied to the problem of finding investors and capital. Read more..
Lately, VAT has been one of the most talked-about subjects among many types of professionals and their tax accountants. This is because there have been targeted changes in VAT regulations during the past few years, and small business owners and service providers want to understand what it’s all going to come down to when the dust settles. Read more..
As a business owner, you’ve probably already heard about HMRC’s plan to transform the tax system from paper to digital. They call it Making Tax Digital (MTD) and have invested heavily in the infrastructure and regulatory changes such a transformation may require. Read more..