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Date: 5th December 2018 | Post by: HaesCooper | Category: HMRC Updates
The MTD (Making Tax Digital) for VAT pilot arrangements have been extended by HMRC to 500,000 more businesses and HMRC have also deferred the statutory compulsory usage mandate for some businesses. The MTD for VAT pilot is now open to sole traders and companies that are up to date with their VAT. Groups of companies are...
Date: 4th September 2018 | Post by: HaesCooper | Category:
HMRC has recently announced that as a result of Brexit and related 'resourcing implications' they are postponing some Making Tax Digital (MTD) developments for individuals and businesses – including 'real-time tax code changes' (referred to as 'dynamic coding') and 'simple assessments.' HMRC is already testing MTD with...