Making Tax Digital (MTD) for VAT came into force in the UK on April 1 2019, but many businesses and accountants affected by the new rules are still trying to sort the fact from the fiction. Many are ...

The UK's Making Tax Digital - VAT (MTD-VAT) is set to kick in (for all practical purposes) on 7th August for any VAT registered business with a turnover above £85,000. That's a lot of businesses.

The legislation requires all business owners to maintain digital records and file periodic VAT returns through MTD-compliant software. Provided you’re prepared, there’s nothing to worry about – in ...

With the mandatory compliance of MTD for VAT rules just weeks away for businesses with a taxable, annual turnover below £85,000, business owners in the UK and their accountants are getting ready to be ...

How do companies adhere to MTD and what are the risks of not complying with MTD for VAT returns? The current stage of MTD for VAT requires businesses to store and maintain all Accounts Payable and ...

With less than a month to go until Making Tax Digital (MTD) becomes mandatory, compliance has become a frontline business issue for thousands of businesses – and particularly those in the accountancy ...

The Association of Taxation Technicians (ATT) is urging the Government to rethink the penalties for not complying with Making Tax Digital (MTD) for VAT. The ATT suggests that HMRC modernise its ...

HMRC’s ambition is to become one of the most digitally advanced tax administrations in the world, but how does it hope to get there The answer is through the introduction of Making Tax Digital (MTD), ...

Any uncertainty (or hope) that MTD for VAT will not go ahead as planned from 1 April 2019 was removed in the Spring Statement, with the Government expecting businesses to do their best to comply with ...

The software MTD strangehold to get stronger - para 2.63 of policy doc "From April 2029, businesses will be required to issue all VAT invoices as ...