New research suggests a third of VAT-registered businesses are not prepared for Making Tax Digital in six months' time Read More...
View articleHere's how you can become the trusted expert on MTD, a vital learning when 30% of businesses submit returns through accountants Read More...
View articleRichard Asquith, VP of global indirect tax at Avalara, joins Accountancy Age as a new monthly columnist, bringing you expert insights from the world o...
View articleAs we edge closer to March 2019, the government releases plans for all eventualities, including what will happen to VAT for UK businesses should negot...
View articleAs the VAT deadline approaches, accountants must become MTD experts, ready to help their clients comply with the new tax system and stay abreast of up...
View articleHow does blockchain hold the key to a fairer ecosystem? Read More...
View articleBy 2020 it's expected that accounting tasks, including audit, payroll, tax, and banking, will be full automated but what does this mean for the future...
View articleHMRC explains that companies can avoid VAT penalties in future “by not becoming involved in any transactions connected with VAT fraud’’ Read More...
View articleAvalara’s Richard Asquith talks about the benefits of Making Tax Digital, where businesses are now, and predictions for the VAT go-live next April Rea...
View articleHMRC has announced an agreement to tackle VAT fraud on online marketplace platforms, committing online marketplace signatories to a number of measures...
View articleAccountancy Age caught up with Mel Stride, the Financial Secretary to the Treasury, to discuss cryptocurrency, Brexit updates, the EU proposed digital...
View articleNearly two years after the UK voted to leave the European Union, it is still not totally clear what impact Brexit will have on Britain. However, one a...
View articleIt happens sometimes: your business is owed a VAT repayment, but delays in receiving the money from HMRC occur for some reason. How does this happen, ...
View articleTraders face major costs and admin requirements as a result Read More...
View articleThere have been several updates and proposals issued by the EU in recent months which, if adopted, could significantly change the way that VAT needs t...
View articleAnyone who is self-employed can now enter the Making Tax Digital Income Tax pilot Read More...
View articleWhat is required under Making Tax Digital initiative and how will the regime affect businesses? Read More...
View articleHow do VAT overpayments occur, how should VAT refunds be claimed from HMRC and what are the implications for interest on overpayments? Read More...
View articleVAT receipts now make up 21% (£124bn) of HMRC’s tax take, up from 16% during the recession, but this can cause cash flow problems for small businesses...
View articleThe Low Income Tax Reform Group believes the government should have included tax initiatives in its plans for disabled people and employment Read More...
View articleThe Office of Tax Simplification's report on the UK VAT system calls for a review of the registration threshold, VAT administration and rate structure...
View articleEnding a decade long legal battle, the Supreme Court has ruled HMRC does not have to pay Littlewoods £1.25bn in compound interest Read More...
View articleThe Public Accounts Committee has called on HMRC to act with urgency to tackle VAT fraud, and disputed that the revenue authority has the ability to c...
View articleTax authorities across Europe are cracking down on VAT fraud in an effort to close the VAT Gap. What are the measures being implemented by EU Member S...
View articleVAT revenue made up 49% of the additional tax take from SMEs following HMRC investigations into SME tax compliance Read More...
View articleThe Upper Tribunal Court has upheld a ruling in favour of Sports Direct and against HMRC’s position that the retail company owed millions in EU VAT Re...
View articleThe recent announcements around MTD place VAT firmly at the forefront of the programme – but where does that leave MTD for other taxes? The CIOT’s Mar...
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