In the fifth and final part of his series of articles on participating in the Making Tax Digital pilot, Darren Powell explains why he is leaving the scheme despite having invested so much time in it. It looks like my…
Category: MTD
Your time-saving Making Tax Digital software is here
BTCSoftware’s bridging software for Making Tax Digital for VAT is available as part of BTCSoftware’s Solution Suite and as a standalone solution. In May BTCSoftware demonstrated their Making Tax Digital (MTD) for VAT solution at Accountex. The long-awaited solution enables…
Beware the Domestic Reverse Charge
Our VAT guru Melanie Lord explains the new building work rules that will come into effect in October 2019 In relation to Making Tax Detail we’ve heard a great deal about HMRC’s continued efforts to close the perceived tax gap,…
Bridging software for MTD for VAT, BTC have some
Making Tax Digital bridging software is available – thanks to BTCSoftware Contrary to some reports in the accountancy press, BTCSoftware can confirm bridging software to ease Making Tax Digital for VAT compliance is very much a reality and available. In…
So where are we now with MTD?
With the imposition of MTD less than a year away, we look how the project is progressing HMRC’s drive to become one of the most digitally advanced tax administrations in the world is starting to gather pace. The first stage…
MTD the latest from the pilot scheme and it’s not all plain sailing
Let’s be positive: MTD will be happening In part four of his series of articles on the Making Tax Digital pilot scheme, Darren Powell relates his frustration at the glitches stopping him from making any further submissions Although there have…
A journey, not a destination
MTD really is here to stay – although the form it will eventually take is still largely unknown, says Ian Vickers. First of all, let us be clear – Making Tax Digital (MTD) will happen in one form or another.…
It’s the Cash basis Captain BUT not as we know it
I’ve hijacked a well used phrase known to all Trekkies but it is exactly apposite because we and by we I mean Accountants all know what the cash basis means. Income and Expenses are calculated on an as paid and…
MTD pilot beset by teething troubles
In part three of his series of articles on the Making Tax Digital pilot scheme, Darren Powell points to a few glitches that HMRC needs to iron out before the system works as it is designed to do. I am…
MTD’s Slow Progress
In part two of his series of regular articles for Accounting Practice, Darren Powell explains why the Making Tax Digital pilot scheme is making slow progress In my last article I was able to report on my experiences of the…