Apr 13, 2023 | Accountancy
What is MTD? Making Tax Digital (MTD) is the governments initiative for digitalising and streamlining the tax return process. All returns are submitted to HMRC via compatible software making the process simpler, quicker and in real time. MTD has been implemented in...
Dec 6, 2022 | Accountancy
HMRC’s latest statement surrounding VAT penalties and VAT interest changes details that for VAT periods starting on or after 1 January 2023, the default surcharge will be replaced by new penalties if the submission, or payment is late. The changes will affect everyone...
Nov 18, 2022 | Accountancy
Lots of business owners love what they do, but lots don’t want to worry about budgeting. Budgeting is often thought of as something that ‘the accountants say I should’, or it is thrown together at year end following on from the year in question, the odd comment might...
