Paul Meissner explains some of the outcomes of the introduction of digital taxation (SBR) in Australia. The UK accounting industry seems to have its fair share of major topics at the moment. None more so than Making Tax Digital (MTD).…
Category: MTD
GDPR, MLR, MTD do you have the right tools?
TaxCalc has some advice on dealing with the challenges that lie ahead While the UK finds itself having to manoeuvre political and economic minefields, the accountancy profession faces its own increasing levels of uncertainty with technological, social and legal factors…
C Minus for the Vat Helpline and as for the Digital Agenda well…
I had to smile when I read recently about the travails suffered by Neil Warren the Vat well know VAT Consultant and award-winning writer on tax when he tested the HMRC Vat Helpline for a short article in Taxation Magazine…
MTD for VAT Key Dates are Approaching
As a business managing your own VAT returns under the Making Tax Digital rules that came into effect this year, it is important to note that some important dates are coming up. Registering for MTD for VAT You can register…
10 Myths about MTD4VAT
At BTCSoftware we have received many questions from confused accountants about Making Tax Digital (MTD), so we felt that putting together a list of the ‘top 10 myths’ that we have come across will help Accounting Practice readers. We understand…
MTD4Vat, MTDfB and Penalties. How far will HMRC go?
Les Howard has some troubling questions regarding the Revenue’s power to issues penalties under the new MTD regime. I’ve been thinking about Making Tax Digital (MTD) and asking myself how VAT penalties will be affected by MTD. In a worst-case…
Making Tax Digital: A guide for Agents Services Account and Businesses
A Simple and easy to use Step by Step Guide to Making Tax Digital to signing up! Here at BTCSoftware, we are always trying to make your lives easier. So, we have been busy creating guides that will help…
MTD4VAT The Software Developers Perspective
With MTD for VAT just around the corner, software developer Ian Vickers explains how his firm is making last-minute preparations for its introduction Further to my article in the last issue for Accounting Practice about how I am approaching Making…
MTDfB delayed post April 2020
So, now we know MTD4VAT’s big strapping brother MTDfB has been postponed again until at least 2021. How was this piece of information conveyed to us? Was it via a massive email campaign or maybe a letter? or even in…
Estate Agents hit with Money Laundering Fines
As we read the news that Estate Agents Countrywide Estate Agents and Tepilo Ltd have been hit with fines of £215,000 and £68,595 and from HMRC for Money Laundering offences and that HMRC had visited 50 estate agents that they…