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…
Category: VAT
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…
Claiming Vat back without an Invoice: HMRC Are Getting tougher
Our VAT guru Melanie Lord is finding HMRC more hardline than in previous times Has anyone else noticed that HMRC are using their discretion much less freely than they used to? We recently encountered several situations where in years gone…
MTD4VAT It’s More About The Accountants Than The Vat
The filing deadline has come and gone, so our thoughts firstly turn to MTD4VAT and then, of course, it’s ‘Big Brother’ MTDfB. You are reading this issue in early March and the January filing hiatus may seem like a long…
Your MTD4Vat Plan and a Time To Reflect
Elaine Clark has some top tips on how to best tackle Making Tax Digital Subject to any last-minute announcements, it looks like the first phase of HMRC’s much-talked-about flagship Making Tax Digital project will actually start from 1 April. Greatly…
10 Myths about MTD for VAT
When researching and reading about Making Tax Digital and now with so much information available to you – it can sometimes be quite confusing! BTCSoftware has received lots of different questions and queries throughout our MTD journey and felt that…
MTD for VAT the software challenge
Ian Vickers explains some of the challenges facing software developers preparing for MTD for VAT. I’ve been asked by Accounting Practice to shed some light on how accounting software developers go about evolving their software to meet ever-changing demands of…
VAT Encouragement Letters
Well at last or as many accountants have actually been saying at long last HMRC finally put out something about MTD for Vat directly to vat registered businesses. November 2018 the letters are being sent out and MTD for Vat…
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…
MTD for VAT: Where’s the publicity?
The publicity is starting to be rolled out about MTD for Vat, which we all know is up and running from 1 April 2019. When I say the publicity is starting to be rolled out I mean to us as…